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During 2014,Barry (who is single and has no children) earned a salary of $13,000.He is age 30.His earned income credit for the year is:
Available Substitutes
Alternative products or services that consumers can use to satisfy the same needs or desires as the product or service in question.
Luxury Good
A product or service that is not essential but is highly desired and associated with wealth or high social status.
Elasticity of Demand
A measure of how much the quantity demanded of a good responds to a change in the price of that good, expressed as a percentage change.
Bluegrass Albums
Collections or compilations of music that belong to the bluegrass genre, characterized by string instruments and roots in American folk music.
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