Economists generally believe that tax credits and deductions that are used to create an incentive for individuals to go to college
A) perversely, cause fewer people to go to college.
B) cause dramatically more people to go to college, working precisely as was intended.
C) cause a few more people to go to college, working somewhat as was intended.
D) cause no more people to go to college, amounting to a special break for people who would have gone to college anyway.
Correct Answer:
Verified
Q17: The standard deduction depends on
A)family structure (i.e.
Q18: The filing status of an unmarried single
Q19: If a household has a husband, wife
Q20: Adjusted gross income is
A)total income from all
Q21: The child credit goes to
A)children directly.
B)all households
Q23: If a tax is placed on one
Q24: If a person were given the choice
Q25: The majority of economists would argue that
Q26: The alternative minimum tax (AMT)was created to
A)make
Q27: An example of the "equity vs. simplicity"
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