Author Question: A capital gain results when A) an asset is sold for more than it was purchased. B) a debt is ... (Read 77 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?

The modern decimal position system was the invention of the Hindus (around 800 AD), involving the placing of numerals to indicate their value (units, tens, hundreds, and so on).

Did you know?

The average office desk has 400 times more bacteria on it than a toilet.

Did you know?

People often find it difficult to accept the idea that bacteria can be beneficial and improve health. Lactic acid bacteria are good, and when eaten, these bacteria improve health and increase longevity. These bacteria included in foods such as yogurt.

Did you know?

There are 20 feet of blood vessels in each square inch of human skin.

Did you know?

Chronic necrotizing aspergillosis has a slowly progressive process that, unlike invasive aspergillosis, does not spread to other organ systems or the blood vessels. It most often affects middle-aged and elderly individuals, spreading to surrounding tissue in the lungs. The disease often does not respond to conventionally successful treatments, and requires individualized therapies in order to keep it from becoming life-threatening.

For a complete list of videos, visit our video library