Top Posters
Since Sunday
r
4
L
4
3
d
3
M
3
l
3
V
3
s
3
d
3
a
3
g
3
j
3
Home Q & A Board Other Fields Homework Help Business Economics
New Topic  
justinw2200 justinw2200
wrote...
Go to Answer
Posts: 471
Rep: 14 0
5 years ago

Question 1.

A personal exemption refers to

• the tax rate that applies to a particular tax bracket.

• the tax bracket that represents basic living expenses.

• an amount representing basic living expenses that can be subtracted from income.

• a dispensation that allows certain qualifying individuals not to pay federal taxes.

Question 2.

Exemptions and deductions are used

• to add to taxes that must be paid.

• by taxpayers to reduce the amount of income subject to tax.

• to determine the type of tax structure.

• to determine what items are subject to sales taxes.
Textbook 
Microeconomics

Microeconomics


Edition: 7th
Authors:
Read 52 times
1 Reply
Replies
Answer verified by a subject expert
NashuaNashua
wrote...
#1
Posts: 380
Rep: 47 1
5 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

justinw2200 Author
wrote...

5 years ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
jaray75
wrote...

Yesterday
Just got PERFECT on my quiz
husne
wrote...

2 hours ago
Smart ... Thanks!
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1817 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 4491
  
 318
  
 838
Your Opinion
Which country would you like to visit for its food?
Votes: 262
Previous poll results: Should Ph.D.'s be addressed as doctors?