If a Stock Was Purchased for $5,000 in January 2015

question 42

Multiple Choice

If a stock was purchased for $5,000 in January 2015 and is sold in December 2015 for $3,000, a ________ of $2,000 results.

• A) long-term capital gain
• B) short-term capital gain
• C) long-term capital loss
• D) short-term capital loss

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Definitions:

Association for the Advancement of Social Work With Groups

An organization dedicated to promoting excellence in group social work practice, education, field instruction, research, and publication.

International Society of Group Psychotherapy

The International Society of Group Psychotherapy is an organization dedicated to the advancement, research, and practice of group psychotherapy.

Corrective Emotional Experiences

Therapeutic experiences designed to challenge and change unhelpful emotional responses or patterns by recreating the context in which they were learned.

Psychodynamic Therapy

A therapeutic approach focusing on understanding the influence of the unconscious mind on behaviors, drawing on psychoanalytic theories to uncover root causes of psychological distress.