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regina nana regina nana
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5 years ago

Question 1.

Mike purchased a 1968 Chevy Corvette in 2009 for $30,000 and a year later he sold it for $36,000. Due to these transactions



▸ Mike earned a capital loss of $6,000.

▸ Mike earned a dividend of $36,000.

▸ Mike earned a dividend of $600.

▸ Mike earned a capital gain of $6,000.

Question 2.

The portion of a corporation's profits that a firm pays out each period to its shareholders is a



▸ dividend.

▸ promissory note.

▸ capital gain.

▸ corporate bond.
Textbook 
Principles of Economics

Principles of Economics


Edition: 12th
Authors:
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ShaeTime3ShaeTime3
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5 years ago
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regina n. Author
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5 years ago
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