Tanya Is a Single Low-Income Working Parent, and Fred Is

question 101

Multiple Choice

Tanya is a single low-income working parent, and Fred is a single high-income working parent. Because of her status, Tanya, but not Fred, may be eligible for the

• A) Alternative minimum tax.
• B) Earned income credit.
• C) Itemized deduction credit.
• D) Student deduction.
• E) Withholding credit.

---

Definitions:

Fish Fillet

A piece of fish that has been cut or sliced away from the bone, often prepared as a food item.

Excludable

A property of a good or service whereby it is possible to prevent people from using it if they have not paid for it or met specific conditions.

Club Good

A type of good that is excludable but non-rivalrous, meaning people can be prevented from using it, but one person's use does not diminish availability for others.

Cost-Benefit Analysts

Professionals who assess the economic pros and cons of different projects or decisions to determine their financial viability.