If you own a $1,000 face value bond with one year remaining to maturity and a 3 percent coupon rate and new bonds are paying 14 percent, what is the most you can get for your old bond?

Given the following figures, by approximately what percentage did Aiden's real income increase between 2004 and 2005? Aiden's 2004 money income = $50,000 Aiden's 2005 money income = $55,000 2004 CPI = 120.0 2005 CPI = 128.0

a. zero b. 3.1 percent c. 6.7 percent d. 10 percent

The marginal tax rate serves as a measure of the extent to which the tax system discourages people from working

a. True b. False Indicate whether the statement is true or false