Suppose that a worker in radioland can produce either 4 radios or 1 television per year, and a worker in teeveeland can produce either 2 radios or 4 televisions per year. each nation has 100 workers. also suppose that each country completely specializes in producing the good for which it has a comparative advantage. if radioland trades 100 radios to teeveeland in exchange for 100 televisions each year, then each country’s maximum consumption of new radios and televisions per year will be
a. 300 televisions and 100 radios in radioland and 300 radios and 100 televisions in teeveeland.
b. 300 televisions and 100 radios in teeveeland and 300 radios and 100 televisions in radioland.
c. 100 televisions and 200 radios in radioland and 100 radios and 200 televisions in teeveeland.
d. 400 televisions and 100 radios in teeveeland and 400 radios and 100 televisions in radioland.

Joe finally found a house for sale that he liked. which factor could increase the price of the house he likes? a. both he and the seller each have a real estate agent. b. a home inspector finds faulty wiring in the house. c. the house has been for sale for almost a year. d. several buyers all want that same house.

Kyle and alyssa paid $1,000 and $4,000 in qualifying expenses for their two daughters jane and jill, respectively, to attend the university of california. jane is a sophomore and jill is a freshman. kyle and alyssa's agi is $135,000 and they file a joint return. what is their allowable american opportunity tax credit after the credit phase-out based on agi is taken into account?

Nell and kirby are in the process of negotiating their divorce agreement. what should be the tax consequences to nell and kirby if the following, considered individually, became part of the agreement? a. in consideration for her one-half interest in their personal residence, kirby will transfer to nell stock with a value of $200,000 and $50,000 of cash. kirby's cost of the stock was $150,000, and the value of the personal residence is $500,000. they purchased the residence three years ago for $300,000.nell's basis for the stock is $ xkirby's basis in the house is $ xb. nell will receive $1,000 per month for 120 months. if she dies before receiving all 120 payments, the remaining payments will be made to her estate. the payments (qualify, do not qualify) as alimony and are (included in, excluded from) nell's gross income as they are received. c. nell is to have custody of their 12-year-old son, bobby. she is to receive $1,200 per month until bobby (1) dies or (2) attains age 21 (whichever occurs first). after either of these events occurs, nell will receive only $300 per month for the remainder of her life.$ x per month is alimony that is (included in, excluded from) nell's gross income, and the remaining $ x per month is considered (child support, property settlement) and is (nontaxable, taxable) to nell.