By definition, the price elasticity of demand equals the percentage changes in the quantity demanded divided by the percentage changes in the price. There is an opposite relationship between the demand elasticity and the slope of the demand curve.

6 0

3 years ago

A municipal bond carries a coupon rate of 4.25% and is trading at par. What would be the equivalent taxable yield of this bond t

max2010maxim [7]

Answer and Explanation:

Municipal bond rate = Taxed bond rate × (1-Tax rate)

4.25 = Taxed bond rate × ( 1 - 0.35)

Taxed bond rate = 6.54

4 0

3 years ago

If data indicates the economy is in recession and members of Congress are working to pass legislation to encourage economic grow

netineya [11]

If data indicates the economy is in recession and members of Congress are working to pass legislation to encourage economic growth, then recognition of change in the economy has almost certainly occurred. Recognition of change in the economy involves massive capital migration from one industrial sector to another, from one community to another, and even from one nation to another.

3 0

3 years ago

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Use the following information to determine a company's cash flows from financing activities.a. Net income was $35,000. b. Issued

jeka57 [31]

Answer:

Company's Cashflow from Financing Activities:

Issue of common stock 64,000

Cash payment on dividend (14,600)

Repayment of loan note <u>(50,000)</u>

Cashflow from financing activities <u> 600</u>

Explanation:

Cashflow from financing activities is comprised of issue of stock less cash payment on dividend less repayment of loan note.

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3 years ago

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