When Tax Rates for Long-Term Capital Gains Are _____ Relative

question 30

Multiple Choice

When tax rates for long-term capital gains are _____ relative to tax rates for ordinary income, stock options become _____ popular.

• A) high, more
• B) low, more
• C) high, less
• D) low, less
• E) none of the above

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Definitions:

Hypothetical Proposition

A proposition or statement that is conditional and asserts a possible outcome if certain conditions are met.

Antecedent

In logic, the first half of a hypothetical proposition; in general, any preceding event, condition, or cause.

Consequent

In logic, the consequent is the second part of a conditional statement, typically following "then." For example, in "If P, then Q," Q is the consequent.

Categorical Proposition

A statement that asserts or denies something about every member of a category, involving a subject and a predicate and classified based on quality (affirmative or negative) and quantity (universal or particular).