Author Question: A capital gain results when A) an asset is sold for more than it was purchased. B) a debt is ... (Read 110 times)

CBme

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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

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Answer to Question 1

A

Answer to Question 2

B



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CBme

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momo1250

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