Most municipal bonds are issued in
A) serial maturity form.
B) single maturity form.
C) convertible form.
D) commercial form.
A
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The above figure shows the marginal social benefit and marginal social cost curves of chocolate in the nation of Kaffenia. What is the marginal social benefit from the 100th pound of chocolate each day?
A) $1.50 per pound B) $1.00 per pound C) $0.50 per pound D) None of the above answers is correct.
The same size decrease in the amount of capital stock per worker will cause output per worker to fall by more in a country with a relatively high level of capital per worker than in a country with a relatively low level of capital per worker
a. True b. False Indicate whether the statement is true or false
Britain's decision to exit the ERM in September 1992 had what effect?
A) Lower interest rates and a depreciated exchange rate caused the British economy to expand. B) It subjected Britain to a ruling by the European Courts of Justice. C) It caused the system to collapse. D) It had no effect on Britain's economy.
The price of Y is $10.According to the above figure, the marginal rate of substitution of X for Y at point C is:
A. 0.3 B. 5 C. 0.5 D. 2 E. none of the above