If the interest rate is 7% and the tax rate is 15%, what is the after -tax cost of capital for the firm?
What will be an ideal response?
.07(1 - .15 ) = 5.95%
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The evidence shows that in 1860–1910
(a) population and annual hours worked grew more rapidly than did the employed labor force. (b) population grew more rapidly than the labor force, but annual hours worked grew less rapidly. (c) population grew less rapidly than did the employed labor force, and the work day shortened. (d) population, productivity and the work day grew less rapidly than did the employed labor force.
Fred Ramirez is a farmer who charts the relationship between number of acres planted in corn and number of bushels of corn harvested. Which marginal concept can Fred measure with this data?
a. marginal utility b. marginal product c. marginal cost d. marginal revenue product e. marginal factor cost
Under democratic representative government, spending on a government program will likely be larger than the amount consistent with economic efficiency when
a. tax costs are levied in direct proportion with the benefits received. b. both the costs and benefits are widespread among the voters. c. benefits of the program are highly concentrated, while the costs are widely dispersed among voters. d. costs of the program are highly concentrated, while the benefits are widely dispersed among voters.
If M doubled and V fell by 50%, what would happen to PQ?
What will be an ideal response?