This topic contains a solution. Click here to go to the answer

Author Question: A capital gain is defined as A) the tax paid when one sells an asset. B) the positive difference ... (Read 97 times)

Chelseaamend

  • Hero Member
  • *****
  • Posts: 545
A capital gain is defined as
 
  A) the tax paid when one sells an asset.
  B) the positive difference between the sale price and the purchase price of an asset.
  C) the tax rate one pays when one moves into a higher tax bracket.
  D) an unanticipated increase in income.

Question 2

The production possibilities curve represents the maximum feasible production combinations resulting from
 
  A) the mix of current resources that utilizes all available inputs using current technology.
  B) a fixed amount of demand by consumers.
  C) the lack of trade-offs in production.
  D) the lack of technology used in production.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Bison

  • Sr. Member
  • ****
  • Posts: 342
Answer to Question 1

B

Answer to Question 2

A





 

Did you know?

Illness; diuretics; laxative abuse; hot weather; exercise; sweating; caffeine; alcoholic beverages; starvation diets; inadequate carbohydrate consumption; and diets high in protein, salt, or fiber can cause people to become dehydrated.

Did you know?

The Centers for Disease Control and Prevention (CDC) was originally known as the Communicable Disease Center, which was formed to fight malaria. It was originally headquartered in Atlanta, Georgia, since the Southern states faced the worst threat from malaria.

Did you know?

About 3% of all pregnant women will give birth to twins, which is an increase in rate of nearly 60% since the early 1980s.

Did you know?

The first monoclonal antibodies were made exclusively from mouse cells. Some are now fully human, which means they are likely to be safer and may be more effective than older monoclonal antibodies.

Did you know?

Human kidneys will clean about 1 million gallons of blood in an average lifetime.

For a complete list of videos, visit our video library