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Author Question: You own an oil painting that increases in value by $12,000 but you do not sell the painting. The ... (Read 125 times)

ARLKQ

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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
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Marked as best answer by ARLKQ on Apr 19, 2019

nmyers

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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.
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ARLKQ

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Reply #2 on: Apr 19, 2019
TY


nmyers

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Reply #3 on: Apr 19, 2019
You're welcome


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