On January 1, X9, Gerald received his 50 percent profits and capital interest in High Air, LLC, in exchange for $2,800 in cash and real property with a $3,800 tax basis secured by a $2,800 nonrecourse mortgage. High Air reported a $15,800 loss for its X9 calendar year. How much loss can Gerald deduct, and how much loss must he suspend if he only applies the tax basis loss limitation

Suppose an economist believes that the price level in the economy is directly related to the money supply, or the amount of money circulating in the economy. the economist proposes the following relationship: p=a x m - p=price level - m=money supply - a=a composite of other factors, including real gdp, that change very slowly over time. how might an economist gather empirical data to test the proposed relationship between money and the price level? an economist would persuade the federal reserve to change the money supply to various levels, and observe the resulting changes in the price level. unlike researchers in the hard sciences, economists cannot study complex relationships using data. economists do not usually develop theoretical models of the economy but only analyze summary statistics about the current state of the economy. an economist would look for data on past changes in the money supply, and note the resulting changes in the price level

Describe how to write a main idea expressed as a bottom-line statement

An arithmetic progression involves the addition of the same quantity to each number.which might represent the arithmetic growth of agricultural production