You Bought Some Shares of Stock and Sell Them One

question 62

Multiple Choice

You bought some shares of stock and sell them one year later.At the end of the year,the price per share was 5 percent higher and the price level was 3 percent higher.Before taxes,you experienced

• A)both a nominal gain and a real gain,and you paid taxes on the nominal gain.
• B)both a nominal gain and a real gain,and you paid taxes only on the real gain.
• C)a nominal gain and a real loss,and you paid taxes on the nominal gain.
• D)a nominal gain and a real loss,and you paid no taxes on the transaction.

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Definitions:

Irrational Fear

An excessive and unreasonable fear response to a particular object, situation, or activity, often leading to avoidance behaviors.

Panic Disorder

A psychiatric disorder characterized by spontaneous and recurrent panic attacks, often accompanied by persistent concern about having other attacks.

Treatment Options

Various methods and strategies used to address and manage health conditions, ranging from medication and therapy to surgery and lifestyle changes.

Mental Disorders

Conditions that affect a person's thinking, feeling, behavior, or mood, significantly impacting daily functioning and overall well-being.