Coretta Sold the Following Securities During 2016 What Is Coretta's Net Capital Gain or Loss Result for Date

question 71

Multiple Choice

Coretta sold the following securities during 2016: $\begin{array}{|c|c|c|c|c|}\hline &\text { Date Acquired } & \text { Date Sold } & \text { Sales Price } & \text { Basis } \\\hline A&6-15-2012 & 3-30-2016 & \$ 6,500 & \$ 12,500 \\\hline \mathrm{B} & 7-12-2016 & 10-1-2016 & \$ 2,000 & \$ 9,000 \\\hline \mathrm{C} & 1-15-2016 & 6-21-2016 & \$ 14,000 & \$ 13,000 \\\hline \mathrm{D} & 4-2-2013 & 12-29-2016 & \$ 36,000 & \$ 15,000 \\\hline\end{array}$ What is Coretta's net capital gain or loss result for the year?

• A) NSTCL of $3,000 and NLTCG of $15,000
• B) $9,000 ANCG
• C) $0
• D) $12,000 ANCG

---

Definitions:

Market-clearing Wage

The wage rate at which the quantity of labor supplied equals the quantity of labor demanded.

Market-clearing Wage

The wage rate at which the quantity of labor supplied is equal to the quantity of labor demanded.

Efficiency Wage

A higher-than-market wage that a firm pays to increase worker productivity and reduce turnover.

Penalize Shirking

Involves imposing consequences on employees or agents who reduce their effort or productivity, often seen in economic models of labor markets.