Bonds that are rated in the D category are of higher quality than bonds that are rated in the A category.
Answer the following statement true (T) or false (F)
False
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The strength of the competition faced by a company can profoundly affect its
A. pricing. B. output decisions. C. input decisions. D. All of the responses are correct.
As the U.S. price level decreases, expenditures by which of the following will increase?
A. Consumers B. Businesses C. The rest of the world D. All of these will increase their expenditures.
Serena purchased 10 shares of GLC, Inc stock for $200 per share; one year later she sold the 10 shares for $220 a share. Over the year, the price level increased from 135.0 to 143.1 . The tax rate on capital gains is 50 percent. If the capital gains tax is on nominal gains, how much tax does Serena pay on her gain?
a. $90 b. $95 c. $100 d. None of the above is correct.
Which one of the following accounting identities is TRUE?
A. National income plus profit equals personal income. B. Disposable personal income plus non-income expense items equals personal income. C. Disposable personal income plus indirect business taxes equals personal income. D. Disposable personal income plus personal income taxes equals personal income.