Bob Was Married to Sandy,and They Have a 12-Year-Old Son

question 23

Multiple Choice

Bob was married to Sandy,and they have a 12-year-old son.Sandy passed away last year.Bob needs to complete his federal income taxes for the year.What filing status could he use because of his marital status?

• A) Single
• B) Married, filing a joint return
• C) Head of household
• D) Qualifying widow or widower
• E) Married, but filing individually

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Definitions:

Equilibrium Quantity

The quantity of goods or services supplied is exactly equal to the quantity demanded at a particular price.

Shift Demand

A change in the quantity demanded at every price level, resulting in the demand curve moving left or right.

Complement

A good or service that is used together with another, where an increase in demand for one leads to an increase in demand for the other.

Substitute

A product or service that can be used in place of another to satisfy similar needs or desires.