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Which of the following ALWAYS results in an increase in price and quantity?
Book Income Tax Expense
The amount of income tax a company reports in its financial statements, which may differ from the tax owed to tax authorities.
Deferred Tax Asset
An accounting term for items that reduce future tax liability because of temporary differences between the book value and the tax value of assets and liabilities.
Future Taxable Income
The income that a company or individual expects to earn in future periods that will be subject to tax.
Probability
A measure of the likelihood of a specific event happening, expressed as a number between 0 and 1.
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