Which of the Following Cannot Produce a Capital Gain

question 242

Multiple Choice

Which of the following cannot produce a capital gain?

• A) Treasury bill
• B) CD
• C) ECP
• D) Classic repo

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Definitions:

Bran Flakes

A type of breakfast cereal made from bran, which is the hard outer layer of cereal grains.

Food

Any nutritious substance that people or animals eat or drink, or that plants absorb, in order to maintain life and growth.

Concrete

Refers to real, tangible objects or substances, as opposed to abstract concepts or qualities.

Emotion

A complex state of feeling resulting in physical and psychological changes that influence thought and behavior.