Paying a premium of $10 per bond, Ms. Tracey Pringle bought 10 municipal bonds with 20 years to maturity. Ten years later, she sold the bonds for 103. For tax purposes, she has a:A) $300 loss. B) $250 gain. C) $200 loss. D) $200 gain.

B) $250 gain.

Explanation:

The cost per bond is $1,010.

The amortization amount each year is 10/20 years =  $0.50 per year. $0.50 per year × 10 years = $5 per bond.

After 10 years, the adjusted cost basis is $1,005 per bond.

She sells the bonds for $1,030 per bond. $1,030 − $1,005 = $25 per bond

25 × 10 = $250 gain.

b

explanation:

1   all nations face the problem of scarcity because there are limited resources and unlimited wants. nations do not have enough factors of production to produce everything that their population wants. entrepreneurial resources initiate businesses to make new goods and services; labor resources produce goods and services.

2 there are four factors of production: natural resources, labor resources, capital resources, and entrepreneurial resources. natural resources are raw materials from nature that are used to produce goods. trees, water, and grains are natural resources. some natural resources, such as wheat and cattle, are renewable

3 wants

things that you do not need to have in order to survive, but would like to have

needs

things that you must have in order to survive

goods

physical products

services

tasks that a business perform for customers

resources

items that people can use to make or obtain what they need or want

determine

to settle or decide by choice of alternatives or possiblities

4 i really dont know