Owners of municipal bonds
a. are not required to pay federal income tax on the interest income.
b. usually receive a higher interest rate compared to bonds issued by corporations.
c. usually receive a higher interest rate compared to stock issued by corporations.
d. pay taxes on the dividends earned from these bonds.
a
Economics
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Voters may choose to remain uninformed about an issue because of:
a. the special-interest effect. b. rational ignorance. c. bureaucratic inefficiency. d. the shortsightedness effect.
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Absolute advantage occurs when one nation can produce a good ____ its trading partners
a. in larger quantities than b. faster than c. that is desired by d. more efficiently than e. only consumed by
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