Wallace, who is single, had the following items for the current year: • salary of $90,000. • gain of $30,000 on the sale of § 1244 stock acquired two years earlier. • loss of $75,000 on the sale of § 1244 stock acquired three years earlier. • worthless stock of $7,000. the stock was acquired on february 1 of the prior year and became worthless on january 15 of the current year. wallace's agi for the current year would be:

Which statement about the cost of the options is true? she would save $1,000 by choosing option b. she would save $5,650 by choosing option a. she would save $11,200 by choosing option b. she would save $11,300 by choosing option a.

Suppose that: 1. malaysia requires 1 hour of labor to produce 1 pound of rice and 2 hours of labor to produce 1 pencil; 2. indonesia requires 2 hours of labor to produce 1 pound of rice and 4 hours of labor to produce 1 pencil; 3. each country has 10,000 hours of labor to allocate between the production of rice and pencils; and 4. in autarky, malaysia consumes 5,000 pounds of rice and 2,500 pencils. which country has an absolute advantage in rice production? in pencil production? which country has a comparative advantage in rice production? in pencil production? will trade between the two countries be mutually beneficial?

When color is used on a topographical drawing, black is used to represent what?