Which of the Following Items Is Not Used to Compute

question 99

Multiple Choice

Which of the following items is not used to compute the Domestic Production Activities Deduction?

• A)Overseas sales of domestic products
• B)Taxable income
• C)Compensation paid to US workforce
• D)Net income from qualified domestic production activity

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Definitions:

Multiplier

In economics, the factor by which gains in total output are greater than the change in spending that caused it, especially in the context of fiscal policy.

MPC

Marginal Propensity to Consume, indicating the increase in personal consumer spending (consumption) that occurs with an increase in disposable income.

Internally Held

Pertains to public debt that is owed to lenders within a country rather than external lenders.

Public Debt

The total amount of money that a country's government has borrowed by various means, including foreign governments and international organizations.