Which Term Describes the Ability of a Material to Retain

question 13

Multiple Choice

Which term describes the ability of a material to retain its magnetism after being removed from the magnetizing influence?

• A) residual magnetism
• B) retentivity
• C) permeability
• D) magnetic saturation

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Definitions:

Gross Investment Income

The total income generated from various investment sources before any deductions or taxes are applied.

Medical Expense Deduction

A tax deduction allowed for unreimbursed medical expenses that exceed a certain percentage of the taxpayer's adjusted gross income.

Dependent

Dependent is a person, typically a child or elderly family member, whose support and maintenance are provided by another, qualifying the supporting individual for certain tax benefits.

Pease Limitations

Named after Congressman Don Pease, these are limits on the amount of itemized deductions that high-income individuals can claim.