Choose the One Most Appropriate Answer for Each

question 18

Multiple Choice

Choose the one most appropriate answer for each.
-dependency on the number of base industries present and the ability of those industries to continue to consistently export their products

• A)age distribution
• B)base industry
• C)buying pattern
• D)cost-push inflation
• E)demand
• F)demand-pull inflation
• G)economic base
• H)employment multiplier
• I)Federal Reserve Board
• J)long-run demand
• K)monetary inflation
• L)monetize the debt
• M)primary industry
• N)real
• O)real-cost inflation
• P)secondary industry
• Q)service industry
• R)short-run demand
• S)supply
• T)vulnerability

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Definitions:

Dependent Child

A child who relies on their parent(s) or guardian(s) for financial support and meets certain IRS criteria to be claimed as a dependent for tax purposes.

Head of Household

A tax filing status for unmarried individuals who pay more than half the cost of keeping up a home for themselves and a qualifying individual.

1040EZ

A simplified federal income tax form for individuals with straightforward financial situations, no longer in use as of the 2018 tax year.

Underpayment Penalty

A fine imposed by tax authorities on taxpayers who do not pay enough of their total estimated tax and withholding.