In 2017,the Standard Deduction for a Married Taxpayer Filing a Joint

question 133

Multiple Choice

In 2017,the standard deduction for a married taxpayer filing a joint return and who is 67 years old with a spouse who is 65 years old is

• A)$12,700.
• B)$13,950.
• C)$15,200.
• D)$15,800.

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Definitions:

Foreign Direct Investment

An investment made by a company or individual in one country in business interests in another country, in the form of establishing business operations or acquiring business assets.

Largest Net Recipient

A term typically used in finance and trade, referring to the entity or country that receives more resources, money, or benefits than it provides or contributes.

China

China is a country in East Asia, known for being the world's most populous country and having one of the oldest civilizations. It has a mixed socialist market economy and is a major player in global affairs.

Trickle-Down Theory

The assertion that stimulating overall economic growth will ultimately help the poor.