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1) How many Forms 10-Q are required to be filed by an issuer during each fiscal year? 2)The nominal interest rate on taxable bonds is

1) How many Forms 10-Q are required to be filed by an issuer during each fiscal year?

2)The nominal interest rate on taxable bonds is 8%, while on municipal bonds (which aren't taxable) it is 5%. The expected inflation rate is 3% and the tax rate on interest income is 40%. Calculate the expected real after-tax interest rate on both bonds. Which would be the better investment? Now suppose the actual inflation rate turned out to be 6%. Which bond was the better investment? Would your answer change if inflation had turned out to be 0%?

In each of the following scenarios, state whether the labor supply curve would shift to the left, to the right, not shift at all, or if the shift is ambiguous because there is more than one effect and they would move the curve in opposite directions.

(a)The stock market rises sharply.

(b)Fewer teenagers work while in school than before.

(c) A large fraction of the population flees the country because of a bird flu epidemic.

(d)The expected future wage declines and the stock market crashes.

(e) The current real wage rate rises

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