Which of the following is true of the taxation of capital gains in the United States?
A. It is taxed on realization.
B. It is taxed on accrual.
C. The tax cannot be deferred.
D. Short-term capital gains are not taxed.
Answer: A
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The abbreviation "GDP" stands for
A) Gross Domestic Prices. B) General Domestic Prices. C) Gross Domestic Product. D) Great Domestic Prices. E) Government's Domestic Politics.
When the price of rice rises,
A) the market quantity supplied of rice increases. B) the market supply of rice increases. C) the market quantity of rice demanded decreases. D) Both A and C are true. E) Both A and B are true.
Inflation targeting has been adopted by the central banks of several countries including the European Central Bank
Indicate whether the statement is true or false
The problem of "asymmetric information" is that the
A) lender knows more than the borrower. B) borrower knows more than the lender. C) borrower and lender have different goals. D) borrower and lender know the future much less than they do the present.