Municipal bonds
A. are issued by state and local governments.
B. pay interest that is fully taxable.
C. are issued by corporations.
D. are issued by the federal government.
Answer: A
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Which of the following is not an effort by McDonald's to cope with diseconomies of scale?
a. being exposed to country and regions risk, such as environmental protests b. putting mini-restaurants in airports, gas stations, and Wal-Marts c. allowing managers in each region of the U.S. more leeway in pricing and promotion d. reducing product development time e. closing unprofitable restaurants
A _____ requires workers to comply with orders from a boss, who need not consult them when making decisions, and to be paid for their cooperation
a. residual claimant b. hierarchy c. shareholder d. cooperative
Which of the following statements about waste disposal is not true?
A. Raw material that has been used must be recycled or disposed. B. The physical law of conservation of matter dictates that objects like petroleum can be transformed, but cannot simply vanish. C. The simplest way of dealing with waste is through incineration. D. The amount of recycling in the United States and European Union has risen over time.
In 2010, anyone with an income in excess of $____________ pays the marginal tax rate of 35%.
A. 500,000 B. 372,950 C. 296,400 D. 198,200