The federal government collects taxes on

A. real capital gains.
B. nominal capital gains.
C. real capital losses.
D. nominal capital losses.


Answer: B

Economics

You might also like to view...

For the money expansion process to produce the maximum potential multiplier effect

A) all loans of a given bank have to be deposited in that bank. B) the Fed has to sell government bonds to back up the loans. C) the required reserve ratio has to be 100 percent. D) all loans from banks have to be redeposited throughout the banking system.

Economics

The productivity slowdown of the 1970's occurred:

A. only in the U.S, the United Kingdom, and Japan. B. only in the U.S. and the United Kingdom. C. only in the U.S. D. around the world.

Economics

In international trade, if a country has a "comparative advantage" in a product this means:

a. it is relatively more efficient than other countries in making the product b. it is relatively less efficient than other countries in making the product c. it is equally efficient as other countries in making the product d. it should import the product rather than export it

Economics

Fiscal policy is the set of central bank policies, institutions, and bank behavioral patterns governing the availability of bank checking deposits and currency in circulation.

Answer the following statement true (T) or false (F)

Economics