When a municipal bond is given tax-free status, the demand for Treasury bonds shifts ________, and the interest rate on Treasury bonds ________
A) leftward; rises
B) leftward; falls
C) rightward; rises
D) rightward; falls
A
Business
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A critical factor in budgeting for a service firm is to
a. hire professional staff to perform the budgeting work. b. coordinate professional staff needs with anticipated services. c. classify all personnel as either variable or fixed. d. budget expenditures before anticipated receipts.
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The maximum amount a person can obtain from a licensee after obtaining a judgment against the licensee for a fraudulent act is
A. $20,000. B. $50,000 for each offense. C. $250,000. D. the amount of the judgment.
Business