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

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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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