Author Question: A capital gain results when A) an asset is sold for more than it was purchased. B) a debt is ... (Read 97 times)

CBme

  • Hero Member
  • *****
  • Posts: 548
A capital gain results when
 
  A) an asset is sold for more than it was purchased.
  B) a debt is settled.
  C) a person purchases a bond.
  D) a person buys gold.

Question 2

An inferior good is one for which
 
  A) demand increases as income increases.
  B) demand decreases as income increases.
  C) the demand curve is vertical.
  D) the demand curve slopes up.



momo1250

  • Sr. Member
  • ****
  • Posts: 338
Answer to Question 1

A

Answer to Question 2

B



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question

CBme

  • Hero Member
  • *****
  • Posts: 548

momo1250

  • Sr. Member
  • ****
  • Posts: 338

 

Did you know?

Looking at the sun may not only cause headache and distort your vision temporarily, but it can also cause permanent eye damage. Any exposure to sunlight adds to the cumulative effects of ultraviolet (UV) radiation on your eyes. UV exposure has been linked to eye disorders such as macular degeneration, solar retinitis, and corneal dystrophies.

Did you know?

Carbamazepine can interfere with the results of home pregnancy tests. If you are taking carbamazepine, do not try to test for pregnancy at home.

Did you know?

Many medications that are used to treat infertility are injected subcutaneously. This is easy to do using the anterior abdomen as the site of injection but avoiding the area directly around the belly button.

Did you know?

The cure for trichomoniasis is easy as long as the patient does not drink alcoholic beverages for 24 hours. Just a single dose of medication is needed to rid the body of the disease. However, without proper precautions, an individual may contract the disease repeatedly. In fact, most people develop trichomoniasis again within three months of their last treatment.

Did you know?

Although puberty usually occurs in the early teenage years, the world's youngest parents were two Chinese children who had their first baby when they were 8 and 9 years of age.

For a complete list of videos, visit our video library