Which of the Following Is a True Statement

question 23

Multiple Choice

Which of the following is a true statement?

• A) The deduction for interest on educational loans is subject to a phase-out limitation.
• B) The deduction for moving expenses is subject to a phase-out limitation.
• C) Self-employed taxpayers are allowed to deduct health care premiums even if the taxpayer is eligible to participate in an employer-provided health plan.
• D) Taxpayers are not allowed to receive a moving allowance from their employers.
• E) All of the choices are false.

---

Definitions:

Excitatory

Referring to neurons or substances that increase the likelihood of a neuron firing, thus promoting neural activity.

Inhibitory

Describes something that restrains, blocks, or suppresses a specific action, process, or reaction in biological or chemical systems.

Limbic System

A complex system of nerves and networks in the brain, involved in basic emotions such as fear and pleasure, and drives such as hunger and sex.

Hypothalamus

A region of the brain that regulates bodily functions including temperature, hunger, and thirst.