Frieda Is 67 Years Old and Deaf

question 14

Multiple Choice

Frieda is 67 years old and deaf.If Frieda files as a head of household,what amount of standard deduction can she claim in 2017?

• A) $10,900.
• B) $9,350.
• C) $10,400.
• D) $12,700.
• E) $1,550.

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Definitions:

Demand Curve

A graphical representation that shows the relationship between the price of a good or service and the quantity demanded for it over a given period of time.

Marginal Product

Marginal product refers to the additional output produced as a result of adding one more unit of a specific input, while holding other inputs constant.

Resource

An economic or productive factor required to accomplish an activity, or as a means to undertake an enterprise and achieve desired outcome.

Marginal Revenue Product

The additional revenue generated by employing one more unit of a resource, such as labor.