In reading the national business news, you hear that mortgage rates increased by 50 basis points. If mortgage rates were initially at 6.5%, what are they after this increase?

A key aspect of East Asian development policies was

a. lack of government intervention in company affairs b. government ownership of most companies c. government planning d. government incentives for particular companies e. none of the above

An example of ad valorem taxation is

A) a luxury tax. B) the corporate profit tax. C) the personal income tax. D) the Social Security tax.