Rank the following in order of highest to lowest interest rate:

a. 1 year AAA municipal bond, 1 year AA municipal bond, 1 year corporate bond, 5 year corporate bond
b. 5 year corporate bond, 1 year corporate bond, 1 year AAA municipal bond, 1 year AA municipal bond
c. 5 year corporate bond, 1 year corporate bond, 1 year AA municipal bond, 1 year AAA municipal bond
d. 1 year AA municipal bond, 1 year AAA municipal bond, 1 year corporate bond, 5 year corporate bond

c

Economics

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The principal distinction between positive analysis and normative analysis is that

A) positive analysis is useful and normative analysis is not useful. B) positive analysis is optimistic and normative analysis is neutral. C) economists always agree on the conclusions of positive analysis but could disagree on the conclusions of normative analysis. D) positive analysis tells us "what is," but normative analysis tells us "what ought to be."

Economics

The parties to a contract will choose to acquire possibly duplicative information if they believe that the increase in economic value being created will exceed the cost of discovering the information

Indicate whether the statement is true or false

Economics