Cris purchased a 1969 Pontiac GTO in 2002 for $30,000 and a year later he sold it for $35,000. Due t

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Cris purchased a 1969 Pontiac GTO in 2002 for $30,000 and a year later he sold it for $35,000. Due t

Cris purchased a 1969 Pontiac GTO in 2002 for $30,000 and a year later he sold it for $35,000. Due to these transactions:
A) Cris earned a dividend of $35,000.
B) Cris earned a dividend of $30,000.
C) Cris earned a capital gain of $5000.
D) Cris earned a capital gain of $35,000.

Textbook

Principles of Macroeconomics

Edition: 11^th

Authors: Case, Fair, Oster

Read 92 times

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8 years ago

I was thinking the same, thank you

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