This is false. When inflation happens, prices go up in the economy.
Answer:
capital gain tax liability
Explanation:
Capital gain tax is defined as the type of tax that is paid when the owner of an investment or asset makes a profit from its sale.
For example when the assets are sold for more than the book value but less than the original purchase price, there is a profit made that is called capital gain.
The tax applied to this capital gain is called capital gain tax liability.
Answer:
18.24%
Explanation:
Annual rate of return is used in determining the return on an investment over a 12 month or one year period.
Annual rate of return = [(future value / cost ) ^( 1/n) ] - 1
future value = 2150
present cost = 1100
n = number of years = 4
(2150 / 1100)^(1/4) - 1 = 0.1824 = 18.24%
Questin 1. is A so is question 2 and 3 it looks like
Answer:
Explanation:
Corruption is the misuse of power that have been entrusted, It is doing contrary .
Corruption leads to poverty - the state of been poor, lacking in important things. When resources available for masses is embezzled by some certain persons it makes others poor lacking in good thing.
Corruption leads to unsustainable growth and development. In a corrupt environment their is virtually no growth or slow growth rate, individual life's cannot be sustained become they lack resources and amenities.
