A Share of Stock Was Purchased for $2 and Sold

question 32

True/False

A share of stock was purchased for $2 and sold 3 years later for $5. The $5 increase in value is taxed as a capital gain.

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Definitions:

Incongruence

A state where there is a mismatch between one’s self-concept and reality, often leading to psychological distress.

Client-Centred Therapy

A psychotherapeutic approach developed by Carl Rogers that emphasizes the importance of providing a supportive and accepting environment to facilitate a client's growth.

Humanistic Tradition

An approach in psychology that emphasizes the individual's inherent drive toward self-actualization and creativity.

Carl Rogers

An influential American psychologist who founded client-centered therapy and emphasized the importance of the self and unconditional positive regard.