Brett and lisa file taxes under the married filing jointly status. lisa is a sales manager for an auto parts company and brett takes care of their 3 children. in 2018, lisa receives a promotion associated with a move to a new division located over 500 miles from their existing home. the cost to move their household items is $8,700. lisa’s employer reimburses her for $3,000 of those costs and also pays $2,100 for airfare for the entire family to fly to the new destination. lisa’s moving expenses deduction for 2018 is:

The business cycle is the periodic but irregular up-and-down movement in economic activity, measured by fluctuations in real gross domestic product (gdp) and other macroeconomic variables. a business cycle is typically characterized by four phases—recession, recovery, growth, and decline—that repeat themselves over time. economists note, however, that complete business cycles vary in length. the duration of business cycles can be anywhere from about two to twelve years, with most cycles averaging six years in length. some business analysts use the business cycle model and terminology to study and explain fluctuations in business inventory and other individual elements of corporate operations. but the term "business cycle" is still primarily associated with larger (industry-wide, regional, national, or even international) business trends.