Sharon Buys Some Common Stock in 1990 for $10,000 and Sells

question 156

Multiple Choice

Sharon buys some common stock in 1990 for $10,000 and sells it in 2000 for $15,000.During the same period, prices have risen by 75 percent.The net result of Sharon's stock purchases is that she will

• A)pay no taxes because she earned negative real capital gains.
• B)lose purchasing power and have to pay taxes anyway.
• C)earn a real capital gain of $5,000 plus 75 percent.
• D)earn a real capital gain of $15,000 minus 75 percent.

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Definitions:

Deinstitutionalization

The transition from extended-duration psychiatric facilities to more integrated community mental health services for individuals identified with mental illnesses.

Mental Hospitals

Institutions specialized in the treatment and care of individuals with mental health conditions; also known as psychiatric hospitals.

Alternative Forms of Care

Various unconventional methods of healthcare and treatment practices that differ from standard medical practices, including herbal medicine, acupuncture, and homeopathy.

Psychological Treatment

Therapeutic interventions and practices aimed at addressing mental health issues through psychological means rather than medical.