Suppose you bought a stock for $100 and its value stayed constant in real terms. Over 20

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Suppose you bought a stock for $100 and its value stayed constant in real terms. Over 20 years, the price of the stock in dollar terms has doubled. If you sold the stock after 20 years and your tax rate was 15%, how much tax would you owe? How much do you think you should owe?
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Macroeconomics Principles Applications and Tools

ISBN: 978-0134420684

9th edition

Authors: Arthur O'Sullivan, Steven Sheffrin, Stephen Perez

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