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Adriana Mckee
Social Studies
12 February, 14:18
Explain capital gains and losses.
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Israel Fowler
12 February, 14:40
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Capital gains raises the value of a capital asset so it has a higher worth than purchase price
Capital losses is when a capital asset decreases in value. Attention is only brought to the loss when the asset it sold for a lower price than it's original purchase price
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