Profits ~Earnedon a Six Month Call Option Are Treated as

question 48

Multiple Choice

Profits ~earnedon a six month call option are treated as

• A) interest income.
• B) short-term capital gains.
• C) dividend income.
• D) nontaxable income.

---

Definitions:

Goods and Services

The output of an economy that fulfills consumer needs, with goods being tangible products and services being intangible activities performed for consumers.

Nominal Wage

The amount of money paid to an employee without adjustments for inflation or purchasing power, expressed in current currency terms.

Real Wage

The purchasing power of an individual's earnings, taking into account the effects of inflation.

Aggregate Supply

The cumulative supply of products and services planned for sale by firms in an economy within a specific time period.