Which of the following statements is false?

A) A corporate bond typically has face value of $1,000.
B) Corporate bonds typically sell for a price that is equal to the bond's face value.
C) The interest that corporate bonds pay is fully taxable.
D) State and local governments issue municipal bonds.


B

Economics

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________ is considered a high income country, ________ a developing country, and ________ a newly industrializing country

A) Canada; France; Singapore B) Honduras; New Zealand; South Korea C) Japan; Hong Kong; South Korea D) United States; Somalia; Taiwan

Economics

Commodity egalitarianism suggests that some goods be available to everyone.

A. True B. False C. Uncertain

Economics

Identify the correct statement.

A. If a country is likely to be buffeted mainly by internal shocks, the country should choose a fixed exchange rate. B. The effects of shocks under floating exchange rates depend on whether interventions are sterilized. C. International trade shocks can be countered by adopting a fixed exchange rate that helps to improve the price competitiveness of the country's products. D. International capital-flow shocks are likely to be less disruptive under fixed exchange rates.

Economics

All of the following are flow variables EXCEPT

A. capital goods. B. saving. C. consumption. D. investment.

Economics