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Carter Dies on January 1,2012

question 32

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Carter dies on January 1,2012.A joint return election is made in 2012 and Marjorie properly qualifies as a surviving spouse for the two following years.Marjorie has one child that she claims as a dependent for this same period.The number of personal and dependency exemptions allowed Marjorie in 2012 and in 2013 is,respectively


Definitions:

Discouraged Workers

Refers to individuals who have stopped looking for work because they believe no jobs are available for them.

Unemployment Rate

The part of the labor force comprising people who are not employed and are actively seeking jobs.

Unemployment Rate

The measure of the percentage of the labor force that is unemployed and actively looking for employment.

GDP

Gross Domestic Product, the total value of all goods and services produced within a country over a specified period.

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