You bought some shares of stock and,over the next year,the price per share decreased by 7 percent and the price level decreased by 9 percent.Before taxes,you experienced
A)both a nominal gain and a real gain.
B)a nominal gain and a real loss.
C)a nominal loss and a real gain.
D)both a nominal loss and a real loss.

Question

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The Answer of You bought some shares of stock and,over the next year,the price per share decreased by 7 percent and the price level decreased by 9 percent.Before taxes,you experienced
A)both a nominal gain and a real gain.
B)a nominal gain and a real loss.
C)a nominal loss and a real gain.
D)both a nominal loss and a real loss.

You Bought Some Shares of Stock And,over the Next Year,the