Which of the following is true concerning federal budget deficits?
i. the irs spends more than it collects in taxes in a given year
. ii. the federal government spends more than it collects in taxes in a given year.
iii. unemployment is greater than taxes collected in a given year.
a. l only
b. ll only
c. lll only
d. l and 2 only
e. ll and lll only

When partners own different portions of the business, the terms should be stated clearly in what document? the articles of incorporation the executive summary the business summary the partnership agreement

Kevin and jenny, who are both working full-time, have three children all under the age of ten. the two youngest children, who are three and five years old, attended eastside pre-school for a total cost of $3,000. ervin, who is nine, attended big kid daycare after school at a cost of $2,000. jenny has earned income of $15,000 and kevin earns $14,000. what amount of childcare expenses should be used to determine the child and dependent care credit?

Large public water and sewer companies often become monopolies because they benefit from although the company faces high start-up costs, the firm experiences average production costs as it expands and adds more customers. smaller competitors would experience average costs and would be less