Given the following information, determine whether Greta, an alien, is a U.S. resident for Year 3. Greta cannot establish a tax home in or a closer connection to a foreign country.
Definitions:
Technologically Progressive
Pertaining to the consistent application and incorporation of new technologies to improve processes, products, or services.
Perfectly Elastic
Describes a situation where the quantity demanded or supplied responds infinitely to changes in price.
Expected Rates
Predicted percentages or values in various contexts, such as interest rates, growth rates, or return on investment.
Interest-Rate Cost-Of-Funds
The expense related to borrowing funds, calculated based on the interest rate charged by lenders over the period of the loan.
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