Returns of Human Capital

question 24

Multiple Choice

Returns of human capital
I.are excluded from gross income.
II.include unemployment compensation benefits.
III.include workers' compensation payments received for personal injury.
IV.are treated the same for tax purposes as all other forms of capital recovery.
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• A)Statements I and III are correct.
• B)Statements II, III, and IV are correct.
• C)Statements I, III, and IV are correct.
• D)Only statement II is correct.
• E)Statements I, II, III, and IV are correct.

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Definitions:

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Democratic Republic of the Congo

A country located in Central Africa, known for its rich natural resources and complex political history.

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Water that is safe for consumption, free from contaminants and pollutants, essential for health and wellbeing.