All else equal, when interest rates ________, the duration of a coupon bond ________

Financial intermediaries' low transaction costs allow them to provide ________ services that make it easier for customers to conduct transactions

A) liquidity B) conduction C) transcendental D) equitable

Personal income is equal to:

a. NI minus personal income tax. b. NI minus net factor income from abroad. c. NI plus income currently earned but not received - income currently received but not earned. d. NI minus indirect business taxes. e. NI plus income currently received but not earned - income currently earned but not received.