Helmut purchases 100 shares of stock in caisson corporation for $1,000 in year 1. on december 1 of year 2, he purchases an additional 100 shares in the company for $1,500. on december 28 of year 2, helmut sells the 100 shares acquired in year 1 for $1,200. what is helmut’s recognized gain or loss from the december 28 sale, and what is his resulting basis in the stock purchased on december 1 of year 2?

Which of the following best describes a fractional reserve banking system? a. a banking system in which a large portion of the bank's assets are digital money rather than bills and coins. b. a banking system in which banks keep a portion of deposits on hand to satisfy their customer's demands for withdrawals. c. a banking system in which banks have only partial control over the interest rates they charge on loans. d. a banking system in which net worth is calculated by subtracting a fraction of liabilities from assets. 2b2t

The prebisch–singer hypothesis concludes that: a. technology lowers the cost of manufactured products, so developing countries should see an increase in their terms of trade. b. developing countries experience a long-run decline in their terms of trade, as the demand for primary products in higher-income countries declines relative to their demand for manufactured goods. c. because of unfair trading practices, labor in developing countries is exploited. d. opec has been responsible for a slowdown in the world's standard of living.

Acontinental polar air mass foms where