Author Question: A capital gain results when A) an asset is sold for more than it was purchased. B) a debt is ... (Read 99 times)

CBme

  • Hero Member
  • *****
  • Posts: 548
A capital gain results when
 
  A) an asset is sold for more than it was purchased.
  B) a debt is settled.
  C) a person purchases a bond.
  D) a person buys gold.

Question 2

An inferior good is one for which
 
  A) demand increases as income increases.
  B) demand decreases as income increases.
  C) the demand curve is vertical.
  D) the demand curve slopes up.



momo1250

  • Sr. Member
  • ****
  • Posts: 338
Answer to Question 1

A

Answer to Question 2

B



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question

CBme

  • Hero Member
  • *****
  • Posts: 548

momo1250

  • Sr. Member
  • ****
  • Posts: 338

 

Did you know?

Stroke kills people from all ethnic backgrounds, but the people at highest risk for fatal strokes are: black men, black women, Asian men, white men, and white women.

Did you know?

A headache when you wake up in the morning is indicative of sinusitis. Other symptoms of sinusitis can include fever, weakness, tiredness, a cough that may be more severe at night, and a runny nose or nasal congestion.

Did you know?

The newest statin drug, rosuvastatin, has been called a superstatin because it appears to reduce LDL cholesterol to a greater degree than the other approved statin drugs.

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates's recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

Did you know?

Certain chemicals, after ingestion, can be converted by the body into cyanide. Most of these chemicals have been removed from the market, but some old nail polish remover, solvents, and plastics manufacturing solutions can contain these substances.

For a complete list of videos, visit our video library