Which of the Following Are U

question 46

Multiple Choice

Which of the following are U.S.taxpayers allowed to adjust for inflation for the purpose of income taxes?

• A)both interest income and capital gains.
• B)interest income but not capital gains.
• C)capital gains but not interest income.
• D)neither interest income nor capital gains.

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Definitions:

Geologic History

The sequence of significant events and changes taking place on Earth from its formation to the present, as interpreted from rock formations and other geological data.

Fossils

Remains, impressions, or traces of ancient organisms preserved in rock.

Climate

The long-term patterns of temperature, humidity, wind, etc., in a particular area, influenced by geography, position relative to oceans and continents, and other factors.

Natural Resources

Resources that occur naturally within environments that exist relatively undisturbed by humanity, such as water, timber, and minerals.