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 64 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?

Cocaine was isolated in 1860 and first used as a local anesthetic in 1884. Its first clinical use was by Sigmund Freud to wean a patient from morphine addiction. The fictional character Sherlock Holmes was supposed to be addicted to cocaine by injection.

Did you know?

Eating carrots will improve your eyesight. Carrots are high in vitamin A (retinol), which is essential for good vision. It can also be found in milk, cheese, egg yolks, and liver.

Did you know?

The types of cancer that alpha interferons are used to treat include hairy cell leukemia, melanoma, follicular non-Hodgkin's lymphoma, and AIDS-related Kaposi's sarcoma.

Did you know?

There are more bacteria in your mouth than there are people in the world.

Did you know?

Pregnant women usually experience a heightened sense of smell beginning late in the first trimester. Some experts call this the body's way of protecting a pregnant woman from foods that are unsafe for the fetus.

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
Hannah Höch, Cut with the Kitchen Knife Dada through the Last Weimar Beer Belly Cultural Epoch of ... Hannah Höch, Cut with the Kitchen Knife Dada through the Last Weimar Beer Belly Cultural Epoch of ...
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 ...
Rice noodles are a good gluten-free substitute for pasta Rice noodles are a good gluten-free substitute for pasta
Alcohol: Beer Alcohol: Beer
Video: Bipolar Disorder

For a complete list of videos, visit our video library