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Classify each statement appropriately.
a.Deductible from the gross estate in arriving at the taxable estate.b.Not deductible from the gross estate in arriving at the taxable estate.
-Administration expenses attributable to handling the surviving spouse's share of the community property.
Supply-Side Market Failures
Situations where the production or supply side of the market does not efficiently allocate resources due to externalities or other market imperfections.
Costs
The expenses involved in manufacturing a product or providing a service.
Benefits
Advantages or positive outcomes that result from a particular action or policy.
Cap-And-Trade
An environmental policy tool that sets a limit on emissions and allows companies to trade allowances for emissions as a way to reduce pollutants.
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