Which of the following would both make the interest rate on a bond higher than otherwise?
a. the interest it pays is taxed and it is long term
b. the interest it pays is taxed and it is short term
c. the interest it pays is tax exempt and it is long term
d. the interest it pays is tax exempt and it is short term
a
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In the United States, ________ percent of all firms are sole proprietorships
A) 4 B) 14 C) 72 D) 82
The above figure shows the market demand curve for telecommunication while driving one's car (time spent on the car phone). At the current price of 35ยข per minute, consumer surplus equals
A) $301. B) $924.50. C) $1,225.50. D) $1,250.
International per capita GDP comparisons are misleading when countries involved differ greatly in
a. the type of economic system each country uses to solve its economic problem. b. the freedom of their election processes. c. the percentage of economic activity that is transacted in organized markets. d. the quantity of human and natural resources they possess.
A temporary decrease in the price of oil would be considered a:
A. long-run supply shock. B. demand shock. C. short-run supply shock. D. The changing price of oil would not affect any of these.