Trevor Livingston is a 14 year old dependent high school student. Trevor earns $3,000 of income from bonds given to him by his grandparents. Trevor's applicable standard deduction for 2020 that may be taken on his own return is .

(a) what do you think will happen if the price of non-gm crops continues to rise? why? (b) what will happen if the price of non-gm food drops? why?

Juan's investment portfolio was valued at $125,640 at the beginning of the year. during the year, juan received $603 in interest income and $298 in dividend income. juan also sold shares of stock and realized $1,459 in capital gains. juan's portfolio is valued at $142,608 at the end of the year. all income and realized gains were reinvested. no funds were contributed or withdrawn during the year. what is the amount of income juan must declare this year for income tax purposes?

Match each economic concept with the scenarios that illustrates it