By Donating $1,000 to the Salvation Army,Caroline Reduced Her Taxable

question 32

Multiple Choice

By donating $1,000 to the Salvation Army,Caroline reduced her taxable income.To Caroline,the reduction in her taxable income is

• A)the margin.
• B)an incentive.
• C)an opportunity cost.
• D)a marginal benefit.
• E)a marginal cost.

---

Definitions:

St. Augustine

A significant figure in Western Christianity, known for his theological writings and contributions to Christian philosophy, particularly in the early 5th century.

Religious Ethics

Moral principles and conduct guided by religious beliefs and practices.

Ethos

The guiding beliefs or ideals that characterize a community, nation, or ideology.

The Boy Scout Laws

A set of principles and values intended to guide the behavior of members of the Boy Scouts, emphasizing qualities like honesty, respect, and kindness.