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Economics - Financial Markets
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Nicholas works as a teacher. In his first year of teaching, Nicholas claims two allowances on his W-4. The second year, he claims one allowance. The third year, he does not claim any allowances. Each year Nicholas receives a federal tax refund. Assuming nothing else has changed for Nicholas in those three years, he will get the _____. A.largest refund in the first year B.smallest refund in the second year C.largest refund in the third year D.same amount refunded each year
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