Answer:
$5,382
Explanation:
both property taxes and mortgage interests are tax deductible if Kara decides to itemize her deductions:
her total reduction in federal income taxes will be = ($11,940 + $6,000) x 30% = $5,382
by itemizing her deductions Kara will save = ($11,940 + $6,000) - $12,200 standard deduction = $5,740 x 30% = $1,722
Answer:
D. Capital market instruments include both long-term debt and common stocks.
Explanation:
Capital market is financial market where long term instruments are traded. These instruments include bond, common stocks and debenture. With this background, statement in option D is correct.
Option A is not correct because reverse is the case: investment banks raise large blocks of capital from investors while commercial banks specialize in lending money.
Option B and E are not correct, too. Transaction under them are examples of a secondary market transaction.
Option C is wrong, as well. NYSE has a physical location where trading activities happen.
So option D is the only correct statement because capital market instruments are long-term debt and common stocks.
Answer:
C
Explanation:
A period expansion is a rise in economic activity rises which substantially, spreads across the economy