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NYC NYC
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8 years ago
Steve purchased 10 autographed Tiger Woods golf balls when he was 13 years old for a total cost of $100 and then sold those golf balls 5 years later for $500. Due to these transactions:
A) Steve earned a capital gain of $400.
B) Steve earned a capital gain of $500.
C) Steve earned a dividend of $800.
D) Steve earned a dividend of $400.
Textbook 
Principles of Macroeconomics

Principles of Macroeconomics


Edition: 11th
Authors:
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JesslynJesslyn
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NYC Author
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#2
8 years ago
I was thinking the same, thank you
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