This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Of the following, which is the least likely to be an example of substitute goods? A) beer and ... (Read 18 times)

sam.t96

  • Hero Member
  • *****
  • Posts: 570
on: Jun 29, 2018
Of the following, which is the least likely to be an example of substitute goods?
 
  A) beer and pretzels
  B) margarine and butter
  C) beef and chicken
  D) tea and coffee

Question 2

Suppose the capital gains tax is 28 percent and you purchased a house ten years ago for 80,000. If you sold the house today you would get 140,000. Your tax liability would be
 
  A) 39,200.
  B) 16,800.
  C) indeterminate without knowing the inflation rate.
  D) indeterminate without knowing the personal income tax rate.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

CAPTAINAMERICA

  • Sr. Member
  • ****
  • Posts: 325
Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

B


sam.t96

  • Hero Member
  • *****
  • Posts: 570
Reply #2 on: Jun 29, 2018
Correct answers!


CAPTAINAMERICA

  • Sr. Member
  • ****
  • Posts: 325
Reply #3 on: Jun 29, 2018
Great! Please up vote :D


« previous next »
 

Did you know?

HIV testing reach is still limited. An estimated 40% of people with HIV (more than 14 million) remain undiagnosed and do not know their infection status.

Did you know?

Allergies play a major part in the health of children. The most prevalent childhood allergies are milk, egg, soy, wheat, peanuts, tree nuts, and seafood.

Did you know?

Blood in the urine can be a sign of a kidney stone, glomerulonephritis, or other kidney problems.

Did you know?

By definition, when a medication is administered intravenously, its bioavailability is 100%.

Did you know?

Asthma is the most common chronic childhood disease in the world. Most children who develop asthma have symptoms before they are 5 years old.

Hannah Höch, Cut with the Kitchen Knife Dada through the Last Weimar Beer Belly Cultural Epoch of ... Hannah Höch, Cut with the Kitchen Knife Dada through the Last Weimar Beer Belly Cultural Epoch of ...
As China has embraced its version of capitalism, wealth has grown, as has consumption. Luxury goods ... As China has embraced its version of capitalism, wealth has grown, as has consumption. Luxury goods ...
Ecosystem goods and services and monetary values Ecosystem goods and services and monetary values
Rice noodles are a good gluten-free substitute for pasta Rice noodles are a good gluten-free substitute for pasta
What if the equation for the parabola is a trinomial? How would you substitute the y-points ... What if the equation for the parabola is a trinomial? How would you substitute the y-points ...
Video: Krebs cycle : Formation of acetyl coenzyme A and Electron transport chain

For a complete list of videos, visit our video library