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2 years ago

Byron is a wealthy tycoon who makes his money buying and selling stocks. This is an example of _____ income.

2 answers:

8 0

A. we know it is not c or d cuz they would not fit but a and b are our options the answer would be B IF he was a worker but in this case he makes his money from a profit and pays the workers (they earned it) so it is A

tatuchka [14]2 years ago

8 0

Answer: (C) Capital Gain Income

Explanation: Byron is making money through buying and selling of stocks. When a stock is bought and sold within 3 years, it is considered as short term capital gain. When a stock is bought today and sold after 3 years, it results into long term capital gain. Hence, the answer is Capital Gain income.

The other options are earned , hourly and passive are not relevant.

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When a tax is placed on a product, it’s_________increases, so it’s_________ may decrease. People react to the higher prices by b

Ivan

Answer:

The answer is product, sales, similar products.

Explanation:

Hope This Helps.

4 0

2 years ago

Which of the following is NOT an example of how a bank can make money?

KiRa [710]

Answer:

I think it's #4 participating in a bank run, because loaning money u give money away but they still have to give that money back by paying the loan little by little.

Explanation:

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3 years ago

The premium on a put option on the market index with an exercise price of 1050 is $9.30 when originally purchased. At expiration

lianna [129]

Answer:

The put payoff = $1,072 - $1,050 = $22 per share

Explanation:

The put payoff is simply the difference between the spot price and the exercise price.

To determine the real profit obtained in this transaction we would need to know the investor's return rate. One of the basic pillars in finance it that $1 today is worth more than $1 tomorrow. We need a return rate to adjust the premium paid, for example if the return rate = 6%, then the premium would have been $9.30 x (1 + 6%/12)² = $9.30 x 1.005² = $9.39

profit = number of shares x (put payoff - adjusted premium)

5 0

3 years ago

Economists usually assume that production is subject to increasing opportunity costs because: a. higher production usually resul

umka2103 [35]

Answer:

d. not all resources are equally suited to producing every good.

Explanation:

The rule of increasing cost of opportunity is the principle that, when you keep increasing the development of one item, the cost of opportunity of creating the next unit rises. It occurs just as you redistribute resources to create one product which was ideally suited to create the initial product.

8 0

3 years ago

Choose the correct alternative regarding tax revenue:

insens350 [35]

The correct alternative regarding tax revenue:

B-Personal income tax is currently the largest source of government revenue in South Africa.

Direct Taxes

it is levied on earnings and activities conducted.
the burden of tax cannot be shifted in case of direct tax.
it is paid directly by individual concerned.
it is paid after the income reaches in the hands of the taxpayer
Tax collection is difficult.
instance income tax, wealth tax etc.

Indirect Taxes

it is levied on product or services.
the burden of tax shifted for indirect taxes
It is paid by way of one man or woman however he recovers the same from another person i.e. person who actually bear the tax ultimate consumer.
it is paid before goods/service reaches the taxpayer.
Tax collection is exceptionally easier
Example GST, excise duty custom duty sale tax carrier tax

Learn more about Tax brainly.com/question/16423331

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5 0

1 year ago