A decrease in the liquidity of corporate bonds will ________ the yield of corporate bonds and ________ the yield of Treasury bonds, everything else held constant

A) increase; increase
B) decrease; decrease
C) increase; decrease
D) decrease; increase


C

Economics

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A goldsmith has 100 gold coins in his safe and 100 receipts circulating. How much are his outstanding loans?

What will be an ideal response?

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Suppose the income tax rate schedule is 0 percent on the first $10,000; 10 percent on the next $20,000; 20 percent on the next $20,000; 30 percent on the next $20,000; and 40 percent on any income over $70,000

Family A earns $32,000 a year and Family B earns $70,000 a year. Both families each receive a ten percent raise. What is the marginal tax rate of each and what is the extra tax paid by each after the raise?

Economics

Suppose that the market for haircuts in a community is perfectly competitive and that the market is initially in long-run equilibrium. Subsequently, a decrease in population decreases the demand for haircuts. In the short run, we expect that the market price will ________ and the output of a typical firm will ________.

Select one: a. rise; rise b. fall; rise c. fall; fall d. rise; fall

Economics

If disposable personal income (DPI) = $700 and personal income taxes = $100, then what is personal income (PI)?

A. $800 B. $700 C. $600 D. can't tell from the information provided

Economics