External link to Question : 48) When there a positive externality, A) the private benefit received : 1387487

Question : 48) When there a positive externality, A) the private benefit received : 1387487

    48) When there is a positive externality, A) the private benefit received by consumers is greater than the external benefit. B) the social benefit received by consumers is greater than the private benefit. C) the private benefit received by consumers is greater than the private cost. D) the private benefit received by consumers is greater than the social benefit.   49) When production […]

External link to Question : 51) Employing an additional 1 billion hours of labor increases : 1240964

Question : 51) Employing an additional 1 billion hours of labor increases : 1240964

    51) Employing an additional 1 billion hours of labor increases real GDP by $12 billion. Employing another 1 billion hours beyond the first 1 billion increases real GDP by $11 billion. Hence we can conclude from this information that as employment increases, real GDP A) increases at an increasing rate. B) decreases at an increasing rate. C) decreases at a decreasing rate. D) […]

External link to Question : 41.Assumethebondsbelowhavethesametermandprincipalandthatthestateorlocalgovernmentthatissuesthemunicipalbondhasagoodcreditrating.Whichlisthasbondscorrectlyorderedfromtheonethatpaysthehighestinterestratetotheonethatpayst : 1261839

Question : 41.Assumethebondsbelowhavethesametermandprincipalandthatthestateorlocalgovernmentthatissuesthemunicipalbondhasagoodcreditrating.Whichlisthasbondscorrectlyorderedfromtheonethatpaysthehighestinterestratetotheonethatpayst : 1261839

  41.Assumethebondsbelowhavethesametermandprincipalandthatthestateorlocalgovernmentthatissuesthemunicipalbondhasagoodcreditrating.Whichlisthasbondscorrectlyorderedfromtheonethatpaysthehighestinterestratetotheonethatpaysthelowestinterestrate? a.corporatebond,municipalbond,U.S.governmentbond b.corporatebond,U.S.governmentbond,municipalbond c.municipalbond,U.S.governmentbond,corporatebond d.U.S.governmentbond,municipalbond,corporatebond 42.Otherthingsthesame,asthematurityofabondbecomeslonger,thebondwillpay a.alowerinterestratebecauseithaslessrisk. b.alowerinterestratebecauseithasmorerisk. c.ahigherinterestratebecauseithasmorerisk. d.thesameinterestrate,becausethereisnorelationshipbetweentermandrisk. 43.Supposetheissuerofabondfailstopaysomeoftheinterestorprincipalthatwaspromisedtothebondholders.Thisfailureisreferredtoasa a.breach. b.default. c.risk. d.termfailure. 44.SupposethecityofDesMoineshasahighcreditrating,andsowhenDesMoinesborrowsfundsbysellingbonds, a.thecity’shighcreditratingandthetaxstatusofmunicipalbondsbothcontributetoalowerinterestratethanwouldotherwiseapply. b.thecity’shighcreditratingandthetaxstatusofmunicipalbondsbothcontributetoahigherinterestratethanwouldotherwiseapply. c.thecity’shighcreditratingcontributestoalowerinterestratethanwouldotherwiseapply,whilethetaxstatusofmunicipalbondscontributestoahigherinterestratethanwouldotherwiseapply. d.thecity’shighcreditratingcontributestoahigherinterestratethanwouldotherwiseapply,whilethetaxstatusofmunicipalbondscontributestoalowerinterestratethanwouldotherwiseapply. 45.Municipalbondspayarelatively a.lowrateofinterestbecauseoftheirhighdefaultriskandbecausetheinteresttheypayissubjecttofederalincometax. b.lowrateofinterestbecauseoftheirlowdefaultriskandbecausetheinteresttheypayisnotsubjecttofederalincometax. c.highrateofinterestbecauseoftheirhighdefaultriskandbecausefederaltaxesmustbepaidontheinteresttheypay. d.highrateofinterestbecauseoftheirlowdefaultriskandbecausetheinteresttheypayisnotsubjecttofederalincometax. 46.Amunicipal bond is a.issuedbythefederalgovernment. b.issuedbystateandlocalgovernments. c.issuedbycorporations. d.issuedbyhouseholds. 47.Ownersofmunicipalbonds a.arenotrequiredtopayfederalincometaxontheinterestincome. b.usuallyreceiveahigherinterestratecomparedtobondsissuedbycorporations. c.usuallyreceiveahigherinterestratecomparedtostockissuedbycorporations. d.paytaxesonthedividendsearnedfromthesebonds. 48.Whichofthefollowingistrueconcerninginterestratesonbonds? a.Thetaxtreatmentofinterestearnedonmunicipalsbondsmakestheinterestrateonthemhigherthanotherwise.Highdefaultriskmakestheinterestrateonabondhigherthanotherwise. b.Thetaxtreatmentofinterestearnedonmunicipalsbondsmakestheinterestrateonthemhigherthanotherwise.Highdefaultriskmakestheinterestrateonabondlowerthanotherwise. c.Thetaxtreatmentofinterestearnedonmunicipalsbondsmakestheinterestrateonthemlowerthanotherwise.Highdefaultriskmakestheinterestrateonabondhigherthanotherwise. d.Thetaxtreatmentofinterestearnedonmunicipalsbondsmakestheinterestrateonthemlowerthanotherwise.Highdefaultriskmakestheinterestrateonabondlowerthanotherwise. 49.Which of the following bond buyers didnotbuythebondthatbestmethisorherobjective? a.Jackiewantedabondwithahighinterestrateandwaswillingtotakealotofrisk.Shepurchasedajunkbond. b.Andrewwantedabondthatwouldallowhimtolegallyavoidpayingfederalincometaxes.Hepurchasedamunicipalbond. c.Suzywantedtopurchaseabondwhosesellerwasunlikelytodefault.ShepurchasedabondthatStandardsandPoor’sratedalowcreditrisk. d.Ceciliaheldlong-termbondsratherthanshort-termbondstoavoidrisk. 50.YouholdbondsissuedbythecityofSacramento,California.Theinterestyouearneachyearonthesebonds a.isnotsubjecttofederalincometaxandsothesebondspayahigherinterestratethanotherwisecomparablebondsissuedbytheU.S.government. b.isnotsubjecttofederalincometaxandsothesebondspayalowerinterestratethanotherwisecomparablebondsissuedbytheU.S.government. c.issubjecttofederalincometaxandsothesebondspayahigherinterestratethanotherwisecomparablebondsissuedbytheU.S.government. d.issubjecttofederalincometaxandsothesebondspayalowerinterestratethanotherwisecomparablebondsissuedbytheU.S.government.    

External link to Question : 13.4   Chapter Figures The figure above shows the aggregate supply curve : 1240533

Question : 13.4   Chapter Figures The figure above shows the aggregate supply curve : 1240533

  13.4   Chapter Figures     The figure above shows the aggregate supply curve and potential GDP.   1) Based on the figure above, the aggregate supply curve shifts rightward and the potential GDP line does not change when A) the money wage rate rises. B) the price level rises. C) the money wage rate falls. D) the price level falls. E) both the price […]

External link to Question : 21. Which of the following costs the most likely to not : 1295564

Question : 21. Which of the following costs the most likely to not : 1295564

    21. Which of the following costs is the most likely to not be allocated to a product in a job costing environment? A. Indirect materialsB. Factory maintenanceC. Factory utilitiesD. Direct labor   22. A good allocation base: A. drives the incurrence of direct material costs.B. drives the incurrence of direct labor costs.C. drives the incurrence of overhead costs.D. drives the incurrence of administrative costs.   23. An allocation base that causes overhead costs to be incurred […]

External link to Question : 11.A revenue account a. increased with a debit. b. not considered to : 1241824

Question : 11.A revenue account a. increased with a debit. b. not considered to : 1241824

  11.A revenue account a. is increased with a debit. b. is not considered to be an item on the income statement. c. is reported on the balance sheet at the end of the accounting period. d. when offset with expenses ultimately leads to net income and an increase to retained earnings. 12.The declaration of dividends a. increases with a credit. b. decreases retained earnings. […]

External link to Question : 61. Which of the following would result in life insurance proceeds : 1313499

Question : 61. Which of the following would result in life insurance proceeds : 1313499

  61. Which of the following would result in life insurance proceeds that are taxable to the recipient? a. A life insurance policy transferred to a creditor in payment of a debt b. A life insurance policy in which the insured is the daughter of the taxpayer and the beneficiary is the taxpayer c. A life insurance policy transferred by a shareholder to a corporation d. A life insurance policy […]

External link to Question : 1) Other things being equal, a rise in the domestic : 1384391

Question : 1) Other things being equal, a rise in the domestic : 1384391

    1) Other things being equal, a rise in the domestic price level A) causes a decrease in real saving. B) lowers the real value of all assets denominated in money units. C) makes domestic goods more attractive to foreigners. D) makes foreign goods less attractive to domestic residents. E) raises the real burden of repaying a fixed money value debt. Answer:  B Diff: […]

External link to Question : Table 9-1 Total population                20,000 Working-age populati : 1388315

Question : Table 9-1 Total population                20,000 Working-age populati : 1388315

  Table 9-1   Total population                20,000 Working-age population                15,000 Employment                  1,000 Unemployment                     100   Consider the data above for a simple economy.   8) Refer to Table 9-1. The unemployment rate for this simple economy equals A) (100/1,000) × 100. B) (100/1,100) × 100. C) (100/15,000) × 100. D) (100/20,000) × 100.     9) Refer to Table 9-1. The […]

External link to Question : 97.              Which of the following adjustments to convert net income : 1311964

Question : 97.              Which of the following adjustments to convert net income : 1311964

    97.              Which of the following adjustments to convert net income to net cash provided by operating activities is incorrect? Add to Net IncomeDeduct from Net Income a.Accounts Receivabledecreaseincrease b.Prepaid Expensesincreasedecrease c.Inventorydecreaseincrease d.Accounts Payableincreasedecrease     98.              Which of the following adjustments to convert net income to net cash provided by operating activities is not added to net income? a.Gain on Sale of Equipment […]

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