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 71 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?

More than 30% of American adults, and about 12% of children utilize health care approaches that were developed outside of conventional medicine.

Did you know?

No drugs are available to relieve parathyroid disease. Parathyroid disease is caused by a parathyroid tumor, and it needs to be removed by surgery.

Did you know?

Asthma-like symptoms were first recorded about 3,500 years ago in Egypt. The first manuscript specifically written about asthma was in the year 1190, describing a condition characterized by sudden breathlessness. The treatments listed in this manuscript include chicken soup, herbs, and sexual abstinence.

Did you know?

Fewer than 10% of babies are born on their exact due dates, 50% are born within 1 week of the due date, and 90% are born within 2 weeks of the date.

Did you know?

Over time, chronic hepatitis B virus and hepatitis C virus infections can progress to advanced liver disease, liver failure, and hepatocellular carcinoma. Unlike other forms, more than 80% of hepatitis C infections become chronic and lead to liver disease. When combined with hepatitis B, hepatitis C now accounts for 75% percent of all cases of liver disease around the world. Liver failure caused by hepatitis C is now leading cause of liver transplants in the United States.

Worldly Goods Worldly Goods
At breakfast, a middle-class husband sits absorbed in the newspaper and the public affairs of the da At breakfast, a middle-class husband sits absorbed in the newspaper and the public affairs of the da
As China has embraced its version of capitalism, wealth has grown, as has consumption. Luxury goods ... As China has embraced its version of capitalism, wealth has grown, as has consumption. Luxury goods ...
Ecosystem goods and services and monetary values Ecosystem goods and services and monetary values
Light beer has about the same amount of alcohol as regular beer Light beer has about the same amount of alcohol as regular beer
Dominican tacos and fried rice with beer Dominican tacos and fried rice with beer
Video: Genetic terms Animation

For a complete list of videos, visit our video library