Refer to the table above. At what rate did the country grow between 2006 and 2007?

Refer to Figure 12-17. Which of the following statements is true?

A) The current market price is $3 but the firm will be able to increase the price in the future. B) The current market price is $3 but the price will fall in the long run as new firms enter the market. C) The current market price is $3 but the price will increase in the future as the market demand increases. D) The current market price is $3 but the price will fall in the long run as a result of a decrease in demand.

Everything else held constant, the interest rate on municipal bonds rises relative to the interest rate on Treasury securities when

A) income tax rates are lowered. B) income tax rates are raised. C) municipal bonds become more widely traded. D) corporate bonds become riskier.