Suppose You Purchased 100 Shares of Stock in 2000 for $20

question 120

Multiple Choice

Suppose you purchased 100 shares of stock in 2000 for $20 a share,and the price now is $30 a share.Your capital gain,should you sell the stock,is

• A)$1,000.
• B)$3,000.
• C)$1,500.
• D)indeterminate without the inflation rate.

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Definitions:

Cognitive System

A conscious, rational, and controlled system of thinking.

Experiential System

Part of dual-process theories of cognition, referring to the intuitive, automatic, and often emotional way of processing information.

Schema

A mental structure, stored in memory, that is based on prior knowledge.

Dual Process

A theory describing two distinct systems in the brain that process information: one that is automatic and rapid, and another that is deliberate and slow.