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What Is the Amount of the Standard Deduction for Evelyn

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What is the amount of the standard deduction for Evelyn who is a full-time student and claimed as a dependent by her parents? She earned $2,700 in wages in 2014.


Definitions:

Electricity Generating

Electricity generating encompasses the processes and technologies used to produce electrical energy from various energy sources.

Upper Reservoir

An upper reservoir typically refers to the higher storage area in a pumped-storage hydroelectric plant where water is stored during low demand and released to generate electricity when demand is high.

Price Floor

The minimum legal price set by the government that a product can be sold for.

Minimum Wages

The lowest legally permissible amount that workers can be paid for their labor, set by government laws.

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