Identify which of the following statements is false. a. the aaa balance can be negative, but the shareholder's basis in the s corporation stock cannot be less than zero. b. nonmoney property distributions made by an s corporation having accumulated e& p are treated differently when determining the corporateminuslevel gain recognized under sec. 311 than are property distributions made by an s corporation without accumulated e& p. c. the aaa represents the cumulative income/loss recognized in postminus1982 s corporation years. d. taxminusexempt income does not increase the aaa but increases the basis of the s corporation stock.

Factors like the unemployment rate,the stock market,global trade,economic policy,and the economic situation of other countries have no influence on the financial status of individuals. true or false

Answer the questions about keynesian theory, market economics, and government policy. keynes believed that there were "sticky" wages and that recessions are caused by increases in prices. decreases in supply. decreases in aggregate demand (ad). increases in unemployment. keynes believed the government should increase ad through increased government spending, but not tax cuts. control wages to increase employment because of sticky wages. increase employment through tax cuts only. increase as through tax cuts. increase ad through either increased government spending or tax cuts. intervene when individual markets fail by controlling prices and production.

True or false payroll withholding includes income tax, social security tax, medicare tax as well as money you deduct for your retirement fund.