The profit earned from selling an asset for more than you paid for it is called

a. capital gains.
b. the real interest rate.
c. depreciation.
d. appreciation.

a

Economics

You might also like to view...

Suppose the market price for wheat changes, and we move from point A to point B on the wheat demand curve

If the price elasticity of wheat demand was -0.3 at point A and -0.4 at point B, what is a plausible value for the arc elasticity of demand for wheat between points A and B? A) -0.25 B) -0.35 C) -0.45 D) -0.70

Economics

A U.S. grocery chain buys bananas from Honduras and pays for them with U.S. dollars

a. The purchase of the bananas increases U.S. net exports and the payment with dollars increases U.S. net capital outflow. b. The purchase of bananas increases U.S. net exports and the payment with dollars decreases U.S. net capital outflow. c. The purchase of bananas decreases U.S. net exports and the payment with dollars increases U.S. net capital outflow. d. The purchase of bananas decreases U.S. net exports and the payment with dollars decreases U.S. net capital outflow.

Economics