If the tax rate fell, holding municipal bonds would be less desirable so the interest rates on them would fall

When there is an inflationary gap: a. Employment exceeds full employment

b. Employment equals full employment. c. Employment is less than full employment. d. Any of the above is possible.

A new public offering that significantly shifts the supply curve for a firm's shares will

a. have no impact on the stock's price b. decrease the stock's price c. increase the stock's price d. decrease the value of the firm's previously issued bonds e. decrease the firm's working capital