As a Result of the Financial Crises in 2008, the Number

question 42

Multiple Choice

As a result of the financial crises in 2008, the number of banks in the United States declined from about 18,000 in 1984 to about _____ in 2015.

• A) 15,000
• B) 10,000
• C) 8,900
• D) 6,500
• E) 5,000

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Definitions:

Qualifying Child

A Qualifying Child is a dependent of a taxpayer who meets specific IRS criteria, making the taxpayer eligible for certain tax benefits.

Tests

Evaluations or assessments to determine compliance with specific regulations, conditions, or standards.

Qualify

To qualify means to meet the established criteria or conditions required for a certain status, activity, or benefit.

Tax Liability

The cumulative taxes that must be paid to a taxing authority by an individual, corporation, or other legal entity.