Steve has $500 automatically deducted from one of his paycheques to purchase Government of Canada Savings Bonds.Based on this information,
A) Steve's wealth has increased by $500.
B) Steve's wealth has decreased by $500.
C) Steve has a capital gain of $500.
D) Steve has a capital loss of $500.
E) Steve's wealth is unchanged.
Correct Answer:
Verified
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