Answer:
a. $1,500 capital gain.
Explanation:
Cynthia basis is 23,000 including a 8,500 dollars debt in the partnership.
She is selling at 16,000 cash + transferring her debt of 8,500
in total is selling for 24,500 dollars
proceeds - basis = result
24,500 - 23,000 = 1,500 capital gain
One major difference between the western states and those of the northeastern states in the mid 18th century was that the western states focused on <u>mining and agriculture.</u>
<h3>Economic Development in the 18th Century</h3>
During the 18th century, the was a remarkable improvement in agricultural techniques which translated into better harvest. some of those techniques are:
- Crop Rotation
- Use of more advanced machines
- Introduction of new crops such as corn and potatoes.
Please see the link below for more about Economic Development in the 18th Century:
brainly.com/question/4819763
Answer:
C. To find out if there is a change in the actual number of goods, services, and structures produced from one year to the next
Explanation:
Real GDP calculates the monetary value of all goods and services that a country produce within one year after adjusting it to inflation or deflation.
Knowing Real GDP often used as a measurement to find out the economic growth of a country. If the Real GDP is increased, it indicates that the people in that country become more productive and it is most likely that their disposable income is also increased.
Answer:
The agency agreement is terminated upon destruction of the property.
