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.

---

Definitions:

Blind

Refers to an experimental design where the participants do not know certain critical aspects of the study to prevent bias.

Visual Images

Representations of objects, scenes, or ideas in a visual format, typically perceived through sight.

Occipital Lobe

The rearmost lobe in each cerebral hemisphere of the brain, responsible for processing visual information.

Sexual Arousal

The physiological and psychological state of being awakened to sexual desire, often accompanied by physiological changes such as increased blood flow to genital areas.