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Business, 18.08.2020 17:01 NerdyJason

You bought some shares of stock and, over the next year, the price per share increased by 5 percent, as did the overall price level. Before taxes were paid, you experienced:.
a. both a nominal gain and a real gain, and you paid taxes on the nominal gain.
b. both a nominal gain and a real gain, and you paid taxes only on the real gain.
c. a nominal gain, but no real gain, and you paid no taxes on the transaction.
d. a nominal gain, but no real gain, and you paid taxes on the nominal gain.

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You bought some shares of stock and, over the next year, the price per share increased by 5 percent,...
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