Kase, an individual, purchased some property in potomac, maryland, for $161,000 approximately 10 years ago. kase is approached by a real estate agent representing a client who would like to exchange a parcel of land in north carolina for kase’s maryland property. kase agrees to the exchange.

what is kase’s realized gain or loss, recognized gain or loss, and basis in the north carolina property in each of the following alternative scenarios? (loss amounts should be indicated by a minus sign. leave no answer blank. enter zero if applicable.)

a. the transaction qualifies as a like-kind exchange and the fair market value of each property is $842,500.

b. the transaction qualifies as a like-kind exchange and the fair market value of each property is $133,000.

Steffi is reviewing various licenses and their uses. match the licenses to their respective uses. you are eligible to work within the state. you are eligible to sell limited investment securities. you are eligible to sell fixed income investment products. your compensation is fee based. section 6 section 7 section 63 section 65

Self-interest achieve society’s economic goals because producers know which goods consumers want the most. as consumers and producers exercise their freedom to act in their own self-interest, markets will produce the desired goods at the lowest possible cost. consumers and producers both operate based on society’s economic goals. consumers know which goods can be produced at the lowest cost. there is a wide variety of desired goods and services in a market system because producers determine what to produce. consumers change their minds frequently. there is always a need to produce something new and improved. individual wants are diverse. what is produced is ultimately determined by consumers, because if the goods offered are not what consumers want, consumers will not buy them. producers, because they are driven by profits. producers, because they determine what to produce. consumers, because they participate in marketing surveys.

Any point on a country's production possibilities frontier represents a combination of two goods that an economy: