Suppose you purchased 500 shares of stock in 2013 for $15 a share, and the price now is $20 a share. If you sell the stock, then your capital gain is
A) $2500.
B) $1000.
C) $10000.
D) indeterminate without knowing the inflation rate.
Answer: A
You might also like to view...
All economic activities in the economy are included in the GDP.
Answer the following statement true (T) or false (F)
John Rawls developed
A. the theory of comparative advantage. B. the idea of utilitarian justice. C. the theory of distributional justice. D. the labor theory of value.
Why do some workers lose their job when the minimum wage is increased?
A) The increase in labor costs decreases the supply of the product, thereby raising the price of the good so that the equilibrium quantity decreases to zero. B) The increase in the minimum wage decreases the quantity of labor demanded. C) The demand for labor is perfectly inelastic. D) The supply of labor decreases. E) The demand for labor is perfectly elastic.
When would you use a one-tailed rather than a two-tailed t-test when checking significance levels?
What will be an ideal response?