You bought some shares of stock and, over the next year, the price per share decreased by 7 percent and the price level decreased by 9 percent. Before taxes, you experienced
a. both a nominal gain and a real gain.
b. a nominal gain and a real loss.
c. a nominal loss and a real gain.
d. both a nominal loss and a real loss.
c
Economics
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Which of the following are considered money?
i. electronic checks ii. paper checks iii. the deposit transferred using an e-check A) ii and iii B) iii only C) i, ii and iii D) i and iii E) i and ii
Economics
Refer to Figure 11-3. Which of the following would cause an economy to move from a point like A in the figure above to a point like B?
A) a technological regression B) a decrease in capital per hour worked C) an increase in capital per hour worked D) an improvement in technology
Economics