Brady Industries has average variable costs of $1 and average total costs of $3 when it produces 500 units of output. The firm's total fixed costs equal

Using the data in the above table, the labor force participation rate is

A) 60.8 percent. B) 56 percent. C) 4.8 percent. D) 61.6 percent. E) 64.4 percent.

In late 2012, President Obama proposed raising the top income tax rate. All of the following are likely impacts of higher income tax rates on bonds EXCEPT:

A) higher interest rates on Treasury bonds B) lower interest rates on Municipal bonds C) increased demand for Municipal bonds D) lower prices for Municipal bonds