If a corporate bond with a face value of $1,000 pays yearly coupon payments of $40, what is the coupon rate?
A) 2.5% B) 4% C) 25% D) 40%
B
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Some cities have a relatively high residential property tax, while others have a low residential property tax. Give an explanation for this.
What will be an ideal response?
Use the information in the above table. The external marginal costs are
A. decreasing. B. inverse to quantity produced. C. constant. D. increasing.
A leftward shift of the short-run aggregate supply curve means that society can get a larger aggregate output at any price level.
Answer the following statement true (T) or false (F)
Refer to the provided supply and demand graph for a product. In the graph, line S is the current supply of this product, while line S1 is the optimal supply from the society's perspective. This figure suggests that there is (are)
A. external costs in the production of this product. B. positive externalities from producing the product. C. external benefits from the production of this product. D. currently an underallocation of resources toward producing this product.