Tariff accounts for 32% of the total government revenue in the U.K. and only 1.2% in India
a. True
b. False
Indicate whether the statement is true or false
False
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A ten-year $1,000,000-face-value zero-coupon Treasury bond has a market price of __________ when the interest rate is 9.62%
A) $399,119 B) $674,844 C) $903,800 D) $962,000
Suppose investors become more optimistic that the economy will be doing well over the next decade. How will the market for loanable funds as depicted in the accompanying graph be affected?
A. Supply will shift to the right from S1 to S2.
B. Supply will shift to the left from S2 to S1.
C. Demand will shift to the right from D1 to D2.
D. Demand will shift to the left from D2 to D1.
Capital gains are
A. The amount of corporate profit paid out for each share of stock. B. An increase in the market value of an asset. C. Profits used for investment in new plants and equipment. D. The only motive for purchasing stock.
All of the following are true of the labor-supply and labor-demand curves intersection except they:
A. only intersect once. B. intersect at the revenue-maximizing quantity for the firms in the market. C. intersect at the equilibrium wage. D. intersect at the profit-maximizing quantity for the firms in the market.