1. If Olivia is single and in the 25% tax bracket, calculate the tax for the following transaction. She sold bonds for $3,800 that she purchased for $2,500 3 years earlier. Round the answer to the nearest dollar.
a. $195
b. $0
c. $325
d. $130
2. Which of the follwoing factors affecting lifetime financial security results from a person's investment in his or her human capital?
a. percentage of income saved
b. return on investment savings
c. volatility of investment returns
d. income level and income growth rate