Taylor inherited 100 acres of land on the death of his father in 2019. A Federal estate tax return was filed and this land was valued therein at $650,000, its fair market value at the date of the father's death. The father had originally acquired the land in 1973 for $112,000 and prior to his death, he had expended $20,000 on permanent improvements. Determine Taylor's holding period for the land. a. Will automatically be long term. b. Will begin with the date his father acquired the property. c. Will begin with the date the property is distributed to him. d. Will begin with the date of his father's death.

Explain whether each of the following events increases, decreases, or has no effect on the unemployment rate and the labor-force participation rate.a. after a long search, jon finds a job.b. tyrion, a full-time college student, graduates and is immediately employed.c. after an unsuccessful job search, arya gives up looking and retires.d. daenerys quits her job to become a stay-at-home mom.e. sansa has a birthday, becomes an adult, but has no interest in working.f. jaime has a birthday, becomes an adult, and starts looking for a job.g. cersei dies while enjoying retirement.h. jorah dies working long hours at the office.