Which of the Following Is an Example of a Tax

question 68

Multiple Choice

Which of the following is an example of a tax credit?

• A)mortgage interest
• B)amounts withheld for social insurance
• C)individual retirement account contributions
• D)caregiver and medical expenses
• E)net business income

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Definitions:

Correlation

A statistical measure that expresses the extent to which two variables change together.

Causation

The action or process of causing something to happen or exist.

Level Of Education

Denotes the highest degree or stage of general education an individual has completed.

Income

The amount of money received on a regular basis from work, property, business, or as financial support.