lulabelles7750

18.12.2019 • 

Business

What is the total american opportunity & lifetime tax credit the jones family can take, given the following information?

1) sally is a sophomore and incurs $5,000 in education expenses.
2) tommy is in grad school and incurs $7,000 in education expenses.
3) mom, who has a 4 year degree, goes back to school and incurs $4,000 in education expense

a-american opportunity tax credit is $1,650 & lifetime learning credit is $2,200.
b-lifetime learning credit is $1,650 & american opportunity tax credit is $2,200.
c-american opportunity tax credit is $2,500 & lifetime learning credit is $2,000.
d-lifetime learning credit is $2,500 & american opportunity tax credit is $2,000.

Ответ:

QueenNerdy889

29.06.2022

Business

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The correct answer is "Faster than"

Explanation:

Nominal GDP= Doesn´t consider the effect of inflation

Real GDP= Considers the effect of inflation, it avoids the distortion from periods of extreme inflation.

For these reasons. Always in years with inflation, the nominal GDP increases faster than real GDP.

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