All of them. Trust me :)) I read that whole chapter in that first section
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Answer:
The correct answer is letter "C": Larger, lower.
Explanation:
According to different researches carried out across the U.S., young adults who are between 18 and 29 years old have a total debt to $1.05 trillion. Individuals' debt who are older than 70 is $1 trillion. The average debt amount that young adults (18-29) have is $22,000 while elder people from 50 years old and on is $36,000.
Then, <em>young adults have larger accumulated debt than elders and their debt amounts are lower as well.</em>
When a person has a marginal tax bracket of 35%, their taxable equivalent yield to a municipal bond is 6%.
<h3>What is the taxable equivalent yield?</h3>
It can be found by the formula:
= Municipal bond / ( 1 + tax rate)
Solving gives:
= 3.9% / ( 1 - 35%)
= 3.9% / 0.65
= 6%
In conclusion, a 6% return would be an appropriate taxable equivalent yield.
Find out more on municipal bonds at brainly.com/question/25656290.
Answer:
Tariffs and import quotas generally reduce economic welfare.
Explanation:
The vast majority of economists (over 90% according to the University of Chicago) agree that tariffs and import quotas generally reduce economic welfare. This is perhaps the normative statement in which economists agree the most.
The reason why is because tariffs and import quotas only benefit a small fraction of domestic producers, to the dismay of a larger number of consumers who end up having to pay higher prices for consumer goods.