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You bought some shares of stock and sell them one year later. At the end of the year, the price per share was 5 percent higher and the price level was 3 percent higher. Before taxes, you experienced a. a nominal gain and a real loss, and you paid taxes on the nominal gain. b. a nominal gain and a real loss, and you paid no taxes on the transaction. c. both a nominal gain and a real gain, and you paid taxes only on the real gain. d. both a nominal gain and a real gain, and you paid taxes on the nominal gain.
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You bought some shares of stock and sell them one year later. At the end of the year, the price per...
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