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Which of the following is an example of a Giffen good?
Sole Proprietor
An individual who owns and operates a business alone, bearing sole responsibility for its operations and liabilities.
Short-Term Capital Losses
Financial losses realized from the sale of an asset held for a year or less, which can be used to offset capital gains and reduce taxable income.
Capital Asset
Any type of asset that is held for investment or for personal use, including stocks, bonds, real estate properties, and collectibles, among others.
Taxpayer
An individual or entity legally obligated to pay taxes to a governmental authority, such as the IRS.
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