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

Author Question: You own an oil painting that increases in value by $12,000 but you do not sell the painting. The ... (Read 126 times)

ARLKQ

  • Hero Member
  • *****
  • Posts: 571
on: Apr 19, 2019

Question 1

Your employer pays for your cell phone. The monetary value of this cell phone payment is


◦ included in your economic income, but not your money income.
◦ not included in your economic income, but included in your money income.
◦ not included in either economic income or money income.
◦ included in both economic and money income.

Question 2

You own an oil painting that increases in value by $12,000 but you do not sell the painting. The $12,000 is counted as ________ income.


◦ part of economic income but not part of taxable
◦ both economic and taxable
◦ taxable income but not economic
◦ neither taxable nor economic
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by ARLKQ on Apr 19, 2019

nmyers

  • Sr. Member
  • ****
  • Posts: 336
Reply #1 on: Apr 19, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 55% of students answer this correctly


ARLKQ

  • Hero Member
  • *****
  • Posts: 571
Reply #2 on: Apr 19, 2019
TY


nmyers

  • Sr. Member
  • ****
  • Posts: 336
Reply #3 on: Apr 19, 2019
You're welcome


« previous next »
 

Did you know?

Certain topical medications such as clotrimazole and betamethasone are not approved for use in children younger than 12 years of age. They must be used very cautiously, as directed by a doctor, to treat any child. Children have a much greater response to topical steroid medications.

Did you know?

A headache when you wake up in the morning is indicative of sinusitis. Other symptoms of sinusitis can include fever, weakness, tiredness, a cough that may be more severe at night, and a runny nose or nasal congestion.

Did you know?

Approximately 25% of all reported medication errors result from some kind of name confusion.

Did you know?

Sildenafil (Viagra®) has two actions that may be of consequence in patients with heart disease. It can lower the blood pressure, and it can interact with nitrates. It should never be used in patients who are taking nitrates.

Did you know?

Adolescents often feel clumsy during puberty because during this time of development, their hands and feet grow faster than their arms and legs do. The body is therefore out of proportion. One out of five adolescents actually experiences growing pains during this period.

Anamorphic street painting Anamorphic street painting
Running time on 100-meter sprint for men and women master athletes increases with age. Source: Korho Running time on 100-meter sprint for men and women master athletes increases with age. Source: Korho
Historian James Merrell notes several errors in Benjamin West’s famous 1771 painting, William Penn’s Historian James Merrell notes several errors in Benjamin West’s famous 1771 painting, William Penn’s
Bodhisattva, detail of a fresco wall painting in Cave I, Ajanta, Maharashtra, India. Bodhisattva, detail of a fresco wall painting in Cave I, Ajanta, Maharashtra, India.
The mortality rate in the United States increases with age and is lower for women than men at every ... The mortality rate in the United States increases with age and is lower for women than men at every ...
Weak valve springs will produce a normal reading at idle, but as engine speed increases, the needle ... Weak valve springs will produce a normal reading at idle, but as engine speed increases, the needle ...
Video: Wound Care

For a complete list of videos, visit our video library