Deep Ocean Currents Are Driven Primarily by ________ and Modified

question 47

Multiple Choice

Deep ocean currents are driven primarily by ________ and modified by ________.

• A)density differences; the Coriolis effect and land
• B)density differences; differences in salinity and temperature
• C)latitude; differences in salinity and land
• D)wind; the Coriolis effect and land
• E)wind; gravity and density

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Definitions:

Material Participation

A taxpayer's active and regular involvement in the operations of a business to qualify for certain tax benefits.

Passive Activity

An economic activity in which the investor does not materially participate and often includes rental activities or limited partnerships.

Limited Partner

An investor in a partnership who is not involved in daily business operations and whose liability is limited to the amount invested.

Passive Loss Rules

Tax regulations that limit the amount of passive activity losses (from investments in which the taxpayer does not materially participate) that can be deducted in a given year.