Author Question: A capital gain results when A) an asset is sold for more than it was purchased. B) a debt is ... (Read 87 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?

According to the American College of Allergy, Asthma & Immunology, more than 50 million Americans have some kind of food allergy. Food allergies affect between 4 and 6% of children, and 4% of adults, according to the CDC. The most common food allergies include shellfish, peanuts, walnuts, fish, eggs, milk, and soy.

Did you know?

Long-term mental and physical effects from substance abuse include: paranoia, psychosis, immune deficiencies, and organ damage.

Did you know?

The average older adult in the United States takes five prescription drugs per day. Half of these drugs contain a sedative. Alcohol should therefore be avoided by most senior citizens because of the dangerous interactions between alcohol and sedatives.

Did you know?

Amoebae are the simplest type of protozoans, and are characterized by a feeding and dividing trophozoite stage that moves by temporary extensions called pseudopodia or false feet.

Did you know?

Medication errors are three times higher among children and infants than with adults.

For a complete list of videos, visit our video library