For 2013, the Amount of Exemption That a Child Can

question 13

Multiple Choice

For 2013, the amount of exemption that a child can enjoy on any interest, dividends or capital gains income is limited to:

• A) $1,000.
• B) $1,900.
• C) $10,000.
• D) There is no exemption for this type of income.

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Definitions:

Symbolic Culture

The aspect of culture that includes nonmaterial cultural elements such as symbols, language, norms, and values that represent the ideas and beliefs of a society.

Counterculture

A counterculture refers to a cultural group or movement that rejects or challenges the dominant societal values and norms.

Militia Group

An armed organization composed of non-professional soldiers who may be called upon for military service during times of emergency; some groups self-identify with political or social causes.

NAACP

National Association for the Advancement of Colored People, an organization that works for the rights of African Americans.