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 148 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?

As of mid-2016, 18.2 million people were receiving advanced retroviral therapy (ART) worldwide. This represents between 43–50% of the 34–39.8 million people living with HIV.

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?

Green tea is able to stop the scent of garlic or onion from causing bad breath.

Did you know?

It is believed that the Incas used anesthesia. Evidence supports the theory that shamans chewed cocoa leaves and drilled holes into the heads of patients (letting evil spirits escape), spitting into the wounds they made. The mixture of cocaine, saliva, and resin numbed the site enough to allow hours of drilling.

Did you know?

By definition, when a medication is administered intravenously, its bioavailability is 100%.

The proportion of men and women with elevated blood pressure or taking hypertension medication incre The proportion of men and women with elevated blood pressure or taking hypertension medication incre
Wall painting with horses, Chauvet Cave, Vallon-Pont-d'Arc, Ardèche gorge, France. Wall painting with horses, Chauvet Cave, Vallon-Pont-d'Arc, Ardèche gorge, France.
Adding additional amounts of ethyl alcohol (ethanol) increases the frequency reading. Adding additional amounts of ethyl alcohol (ethanol) increases the frequency reading.
Wall Painting In The "Ixion Room," House of the Vettii Wall Painting In The "Ixion Room," House of the Vettii
An antique painting is purchased in 1980 for $995. The value increases by 3.1% e An antique painting is purchased in 1980 for $995. The value increases by 3.1% e
Painting of a Jurassic scene Painting of a Jurassic scene
Video: Electromagnetic Spectrum, Chlorophyll and Pigment & Light

For a complete list of videos, visit our video library