When the production of a commodity does NOT utilize imported inputs, the effective tariff rate
a. exceeds the nominal tariff rate on the commodity.
b. equals the nominal tariff rate on the commodity.
c. is less than the nominal tariff rate on the commodity.
d. is a percentage of the nominal tariff rate on the commodity.
b. equals the nominal tariff rate on the commodity.
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Online gambling is now legal throughout the United States.
Answer the following statement true (T) or false (F)
Convertible preferred stock permits the preferred stockholders to convert their shares into common stock
Indicate whether the statement is true or false
Homeowner hired a plumber to work on a leaky water line. The plumber demonstrated to and informed the homeowner how to cut off the water at the connecting line to the city system in the event the leak got worse before the plumber could return with
all the proper parts. Homeowner intentionally neglected to shut the water off and incurred a water bill from the city for $400 more than the usual bill. Homeowner is now suing the plumber. The plumber should argue that the homeowner failed to: A) mitigate the damages. B) mitigate the contract. C) agree to equitable remedies. D) agree to specific performance.
Fast Corporation recently borrowed $625,000 from its bank at a simple interest rate of 14 percent. The loan is for 10 months and, according to the loan agreement, the interest should be added to the amount borrowed and the total amount to be repaid in monthly installments. The loan's monthly payments and the annual percentage rate (APR) are, respectively:?
A. ?$65,677.56 and 26.23%. B. ?$69,791.67 and 28.00%. C. ?$67,245.75 and 28.00%. D. ?$67,245.75 and 24.23%. E. ?$69,791.67 and 22.75%.