A capital gain is defined as

A) the tax paid when one sells an asset.
B) the positive difference between the sale price and the purchase price of an asset.
C) the tax rate one pays when one moves into a higher tax bracket.
D) an unanticipated increase in income.


B

Economics

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What does "diminishing marginal utility" mean?

What will be an ideal response?

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Participating nations in the 2015 Paris Agreement on Climate Change agreed to reduce overall greenhouse gases emission through 2050 to

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How did mortgage defaults affect banks involved in mortgage lending and mortgage investing?

What will be an ideal response?

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