John gave his son Joe some land that had been in the family for years. The FMV at the time of the transfer, was $200,000. John inherited the land from his Father years before when the FMV was $120,000. What is Joe's basis in the land and if he immediately sells the land is it considered a long-term or a short-term holding

Match the steps for conducting an informational interview with the tasks in each step.

Select all that apply. select the ways that labor unions can increase wages. collective bargaining reducing the labor supply increasing the demand for labor creating monopolies

The interaction of individual choices because a type of fish is on the verge of extinction, the government imposes rules that prohibit fishing in the publicly owned spawning grounds. at first owners of fshing bouts complain about this restriction on where they can fish, but soon they notice that the number of adult fish swimming outside the protected area is much higher than it was before. with the restriction, each fishing boat ends up catching more fish than it did before the r which of the following principles of economic interaction best describes this scenario? o there is a tradeoff between equality and efficiency o markets usually lead to efficiency. o when markets do not achieve efficiency,government intervention can improve overall welfare o markets allocate goodseffectively