France imposes a 10 percent tax on the aggregate net appreciation in the value of stocks held by french residents at the end of a calendar year. in addition, all french residents are subject to an income tax within the meaning of reg sec 1.901-2(a). nancy, a us citizen, lives in nancy, france. she buys ibm stock on july 1, 2017 for €1,000. on 12/31/2017, the stock is worth €1,100, and she pays the stock appreciation tax of €10. on 12/31/2018 the stock is worth €1,300, and she pays a stock appreciation tax of €20 (10% x 1,300 - 1,100) for 2018. she sells the stock on 1/2/2019 for €1,350 and has a gain of €350 for purposes of the french income tax. is the stock appreciation tax a creditable tax for us tax purposes? explain.

Greater concern for innovation and quality has shifted the job trend to using more broadly defined jobs. t/f

1. all other things equal, according to the law of demand, when the price of a good falls, the demand for the good falls the demand for the good rises the quantity demanded of the good falls the quantity demanded of the good rises 2. when a market is in equilibrium, the quantity of the good that buyers are willing and able to buy exactly equals the quantity that sellers are willing and able to sell cannot be determined is less than the quantity that sellers are willing and able to sell is greater than the quantity that sellers are willing and able to sell 3. which of the following factors does not influence the demand for a good or service? consumer (buyer) income the price of related goods the number of sellers buyer expectations 4. when the number of sellers in a market increases, demand rises supply rises the price rises, all else equal the number of buyers falls

Read the following paragraph, and choose the best revision for one of its sentences.dr. blake is retiring at the end of the month. there will be an unoccupied office upon his departure, and it is big in size. because every other office is occupied, we should convert dr. blake’s office into a lounge. it is absolutely essential that this issue is discussed at the next staff meeting. (a) because every other office is occupied, it’s recommended that we should convert dr. blake’s office into a lounge. (b) because every other office is filled, we should convert dr. blake’s office into a lounge.