Suppose the nominal exchange rate between the yen and the u. s. dollar is 120 yen per u. s. dollar, and that the nominal exchange rate between the canadian dollar and the u. s. dollar is 1.60 canadian dollars per u. s. dollar. how many yen would it take to buy a canadian dollar?

Producers can create their maximum combination of goods, s long as what?

Tara incorporates her sole proprietorship, transferring it to newly formed black corporation. the assets transferred have an adjusted basis of $240,000 and a fair market value of $300,000. also transferred was $10,000 in liabilities, $1,000 of which was personal and the balance of $9,000 being business related. in return for these transfers, tara receives all of the stock in black corporation. a. black corporation has a basis of $241,000 in the property. b. black corporation has a basis of $240,000 in the property. c. tara’s basis in the black corporation stock is $241,000. d. tara’s basis in the black corporation stock is $249,000. e. none of the above.

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