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What is the primary asset of any bank? Select an answer: checking and savings accounts investments You buy a pair of jeans at a store,

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What is the primary asset of any bank? Select an answer: checking and savings accounts investments You buy a pair of jeans at a store, at a sale price of $100. The store paid $40 to its supplier for the pair of jeans. What is the net income for the store? Select an answer: 60 Donating to charity, investing in your retirement plan at work, and paying the interest on your home mortgage are types of tax Select an answer: expenses deductions Why are capital gains typically taxed at a lower rate than income? Select an answer: It is difficult to calculate capital gains. Other taxes provide enough revenue for the government. People pay enough taxes already. The government wants people to invest

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