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Fletch and Cammie Gates Are Married with Three Dependent Children

question 61

Essay

Fletch and Cammie Gates are married with three dependent children and household income of $51,192 in 2017.The Gates purchased health care insurance on their state's exchange for total premiums of $6,800.A designated silver plan for their family in their state costs $9,700.Calculate the Gates' premium tax credit.


Definitions:

Nature of Markets

The fundamental characteristics and dynamics of markets, including how goods, services, and resources are distributed and priced through supply and demand.

Individual Evaluations

The process of assessing an employee's performance, skills, and contributions on an individual basis.

Labor Problem

Issues arising from the employment relationship, especially concerning workers' rights, working conditions, wages, and employer-employee relations.

Health Care

Refers to the organized provision of medical services to individuals or a community.

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