Suppose the city of Des Moines has a high credit rating, and so when Des Moines borrows funds by selling bonds,
a. the city's high credit rating and the tax status of municipal bonds both contribute to a lower interest rate than would otherwise apply.
b. the city's high credit rating and the tax status of municipal bonds both contribute to a higher interest rate than would otherwise apply.
c. the city's high credit rating contributes to a lower interest rate than would otherwise apply, while the tax status of municipal bonds contributes to a higher interest rate than would otherwise apply.
d. the city's high credit rating contributes to a higher interest rate than would otherwise apply, while the tax status of municipal bonds contributes to a lower interest rate than would otherwise apply.
a
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Which of the following is true?
A) The real interest rate is always positive. B) The nominal interest rate is usually negative. C) The real interest rate can be negative. D) The real interest rate can never be zero. E) The nominal interest rate is usually less than the real interest rate.
Refer to Figure 17-6. Under Scheme I
A) workers signal their productivity to the firm by consistently selling above 30 vacuum cleaners. B) the incentive to increase productivity only occurs for sales of fewer than 20 vacuum cleaners or more than 30 vacuum cleaners. C) workers compete with each other to see who can sell more than 20 vacuum cleaners in the shortest possible time. D) workers have no incentive to sell more than 30 vacuum cleaners.
How often should a firm address 'social responsibility'?
A) never. B) all the time. C) once a year. D) over the long-run.
Income taxes and social insurance taxes comprise approximately what percentage of federal? revenues?
A. ?55% B. ?65% C. ?85% D. ?95%