Author Question: If tax rates in a country increase, ________. A) the unemployment rate in the country will fall ... (Read 88 times)

Yolanda

  • Hero Member
  • *****
  • Posts: 757
If tax rates in a country increase, ________.
 
  A) the unemployment rate in the country will fall
  B) the gross domestic product of the country will decrease
  C) the country's expenditure on consumption will increase
  D) the aggregate price level of the country will rise

Question 2

A bond that pays a yearly interest rate of 100 is for sale. The interest rate was 10 percent and now is 5 percent. The price of the bond has
 
  A) decreased from 1000 to 500. B) increased from 1000 to 2000.
  C) decreased from 2000 to 1000. D) increased from 500 to 2000.


fwbard

  • Sr. Member
  • ****
  • Posts: 325
Answer to Question 1

B

Answer to Question 2

B



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Although not all of the following muscle groups are commonly used, intramuscular injections may be given into the abdominals, biceps, calves, deltoids, gluteals, laterals, pectorals, quadriceps, trapezoids, and triceps.

Did you know?

When intravenous medications are involved in adverse drug events, their harmful effects may occur more rapidly, and be more severe than errors with oral medications. This is due to the direct administration into the bloodstream.

Did you know?

There are actually 60 minerals, 16 vitamins, 12 essential amino acids, and three essential fatty acids that your body needs every day.

Did you know?

The people with the highest levels of LDL are Mexican American males and non-Hispanic black females.

Did you know?

The most dangerous mercury compound, dimethyl mercury, is so toxic that even a few microliters spilled on the skin can cause death. Mercury has been shown to accumulate in higher amounts in the following types of fish than other types: swordfish, shark, mackerel, tilefish, crab, and tuna.

For a complete list of videos, visit our video library