The Average Starting Salary for a History Major Is $29,500

question 68

Multiple Choice

The average starting salary for a history major is $29,500.If the CPI was 147.5,the real salary is

• A)$200.00 an hour.
• B)$20,000.
• C)$35,000.
• D)$43,513.
• E)$14,750.

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Definitions:

Carried Forward

The process of taking unused tax credits or losses and applying them to offset tax liabilities in future periods.

Subchapter S Corporation

A form of corporation that meets specific Internal Revenue Code requirements, allowing it to be taxed as a pass-through entity, thereby avoiding double taxation on dividends.

Elects

The act of choosing or deciding on a particular option or course of action, often used in legal and financial contexts.

Terminate

To bring to an end; this can relate to employment, contracts, or services, among others.