Kaitlyn purchased one share of northwest energy stock for


Kaitlyn purchased one share of Northwest Energy stock for $200; one year later she sold that share for $400. The inflation rate over the year was 50 percent. The tax rate on nominal capital gains is 50 percent. What was the tax on Kaitlyn's capital gain?

  • $50
  • $75
  • $100
  • $200

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Business Management: Kaitlyn purchased one share of northwest energy stock for
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