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

Author Question: You own an oil painting that increases in value by $12,000 but you do not sell the painting. The ... (Read 147 times)

ARLKQ

  • Hero Member
  • *****
  • Posts: 571
on: Apr 19, 2019

Question 1

Your employer pays for your cell phone. The monetary value of this cell phone payment is


◦ included in your economic income, but not your money income.
◦ not included in your economic income, but included in your money income.
◦ not included in either economic income or money income.
◦ included in both economic and money income.

Question 2

You own an oil painting that increases in value by $12,000 but you do not sell the painting. The $12,000 is counted as ________ income.


◦ part of economic income but not part of taxable
◦ both economic and taxable
◦ taxable income but not economic
◦ neither taxable nor economic
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by ARLKQ on Apr 19, 2019

nmyers

  • Sr. Member
  • ****
  • Posts: 336
Reply #1 on: Apr 19, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 55% of students answer this correctly


ARLKQ

  • Hero Member
  • *****
  • Posts: 571
Reply #2 on: Apr 19, 2019
TY


nmyers

  • Sr. Member
  • ****
  • Posts: 336
Reply #3 on: Apr 19, 2019
You're welcome


« previous next »
 

Did you know?

Many supplement containers do not even contain what their labels say. There are many documented reports of products containing much less, or more, that what is listed on their labels. They may also contain undisclosed prescription drugs and even contaminants.

Did you know?

The term bacteria was devised in the 19th century by German biologist Ferdinand Cohn. He based it on the Greek word "bakterion" meaning a small rod or staff. Cohn is considered to be the father of modern bacteriology.

Did you know?

Bacteria have flourished on the earth for over three billion years. They were the first life forms on the planet.

Did you know?

This year, an estimated 1.4 million Americans will have a new or recurrent heart attack.

Did you know?

For pediatric patients, intravenous fluids are the most commonly cited products involved in medication errors that are reported to the USP.

Gene duplication increases genetic complexity Gene duplication increases genetic complexity
Atmospheric pressure decreases as altitude increases. Atmospheric pressure decreases as altitude increases.
Exercise increases the heart rate. Exercise increases the heart rate.
Cross-sectional data showing that the amount of effort spent on personal health care increases with Cross-sectional data showing that the amount of effort spent on personal health care increases with
Running time on 100-meter sprint for men and women master athletes increases with age. Source: Korho Running time on 100-meter sprint for men and women master athletes increases with age. Source: Korho
Diagram of a section of a 15th-century oil painting Diagram of a section of a 15th-century oil painting
Video: Introduction to Diabetes

For a complete list of videos, visit our video library