Total holding gain or loss is the sum of monetary holding gains and losses and real holding gains and losses.

Question

Quizplus · Accepted Answer

This statement is true. Total holding gain or loss is calculated by combining the monetary holding gain or loss, which arises due to changes in the monetary value of assets or liabilities, and the real holding gain or loss, which arises due to changes in the real or inflation-adjusted value of assets or liabilities.

Total Holding Gain or Loss Is the Sum of Monetary