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If April 15ᵗʰ Falls on a Saturday,the Due Date for Individual

question 24

True/False

If April 15ᵗʰ falls on a Saturday,the due date for individual tax returns will be on Monday,April 17ᵗʰ.


Definitions:

Prosperity Phase

A period of economic growth and expansion, marked by high levels of production, employment, and consumer confidence.

Business Cycle

The fluctuation in economic activity that an economy experiences over a period of time.

Disinflation

A reduction in the rate of inflation, indicating a slowdown in the rate at which prices for goods and services rise.

CPI

A gauge called the Consumer Price Index tracks the overall cost of a varied mix of consumer items and services like food, healthcare, and transport, by measuring their weighted average prices.

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