I guess the correct option is D.
The primary purpose of patents and copyrights is to encourage the expenditure of funds on research and development to create new products.
New classical economists believe fiscal policy is ineffective because any increase in government spending will cause households to spend less.
A government is a system or group of people that governs an organized community (generally a state). In the broader associative definition, government usually consists of legislative, executive, and judicial branches.
Government is the body through which leaders exercise the power to make and enforce laws. The basic functions of government are leadership, maintenance of order, provision of public services, provision of national security, provision of economic security, and provision of economic assistance.
Government is defined as the exercise of control or power over a group of people. An example of a government is the British Parliament.
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Answer:
C) The buyer and agent did not complete an agency agreement, either oral or written.
Explanation:
Agency agreement, which is a binding contract between an agent and another person, (most likely a buyer) is an important document which helps to establish the relationship between both and the agency which renders the help. Since, there was no agreement whether oral or written, their dealings do not constitute the creation of an agency.
Answer: 35.29%
Explanation:
Municipal Bonds are attractive in that they give the tax benefit of being tax exempt whereas a corporate bond is liable for taxation. The tax rate that will therefore make an investor indifferent between the two bonds is the one that will equate the Corporate bond's yield net of tax to the yield on the Municipal bond.
5.5% = 8.5% * ( 1 - x)
5.5% = 8.5% - 0.085x
0.085x = 8.5% - 5.5%
0.085x = 3%
x = 35.29%