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

Author Question: Of the following, which is the least likely to be an example of substitute goods? A) beer and ... (Read 62 times)

sam.t96

  • Hero Member
  • *****
  • Posts: 570
on: Jun 29, 2018
Of the following, which is the least likely to be an example of substitute goods?
 
  A) beer and pretzels
  B) margarine and butter
  C) beef and chicken
  D) tea and coffee

Question 2

Suppose the capital gains tax is 28 percent and you purchased a house ten years ago for 80,000. If you sold the house today you would get 140,000. Your tax liability would be
 
  A) 39,200.
  B) 16,800.
  C) indeterminate without knowing the inflation rate.
  D) indeterminate without knowing the personal income tax rate.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

CAPTAINAMERICA

  • Sr. Member
  • ****
  • Posts: 325
Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

B


sam.t96

  • Hero Member
  • *****
  • Posts: 570
Reply #2 on: Jun 29, 2018
Correct answers!


CAPTAINAMERICA

  • Sr. Member
  • ****
  • Posts: 325
Reply #3 on: Jun 29, 2018
Great! Please up vote :D


« previous next »
 

Did you know?

Many people have small pouches in their colons that bulge outward through weak spots. Each pouch is called a diverticulum. About 10% of Americans older than age 40 years have diverticulosis, which, when the pouches become infected or inflamed, is called diverticulitis. The main cause of diverticular disease is a low-fiber diet.

Did you know?

According to the CDC, approximately 31.7% of the U.S. population has high low-density lipoprotein (LDL) or "bad cholesterol" levels.

Did you know?

The most common treatment options for addiction include psychotherapy, support groups, and individual counseling.

Did you know?

The shortest mature adult human of whom there is independent evidence was Gul Mohammed in India. In 1990, he was measured in New Delhi and stood 22.5 inches tall.

Did you know?

The tallest man ever known was Robert Wadlow, an American, who reached the height of 8 feet 11 inches. He died at age 26 years from an infection caused by the immense weight of his body (491 pounds) and the stress on his leg bones and muscles.

Worldly Goods Worldly Goods
Hannah Höch, Study for "Cut with the Kitchen Knife Dada through the Last Weimar Beer Belly ... Hannah Höch, Study for "Cut with the Kitchen Knife Dada through the Last Weimar Beer Belly ...
How to create a price index to calculate inflation for a basket of goods How to create a price index to calculate inflation for a basket of goods
Vitamin Supplements Are Not a Substitute for Healthy Eating Vitamin Supplements Are Not a Substitute for Healthy Eating
Dominican tacos and fried rice with beer Dominican tacos and fried rice with beer
Video: Parkinson's Disease

For a complete list of videos, visit our video library