PLEASE ANSWER ALL QUESTIONS. ONLY NEED ANSWERS NOT EXPLENATION

1. The mayor of the town wants to issue bonds to pay to make Electric Avenue higher. If the current interest rate on corporate bonds with the same credit risk is 8% and the take rate is 25% then the town can issue bonds paying what percent?

Question options:

	6%
	2%
	4%
	8%

2. Prisoners using electronic cigarettes to purchases services from other prisoners is an example of?

Question options:

	checks
	commodity money
	fiat money
	electronic money

3. If the market predicts a constant 5% interest rate into the future then

Question options:

	the expectations theory would predict a flat yield curve while the liquidity premium theory would predict an upward sloping yield curve
	both the expectations theory and the liquidity premium theory would predict an upward sloping yield curve
	the expectations theory would predict an upward sloping yield curve while the liquidity premium theory would predict a flat yield curve
	both the expectations theory and the liquidity premium theory would predict a flat yield curve

4. I open an account with online broker Robinhood and purchase 100 share of GameStop. I participated in the

Question options:

	primary market
	federal funds market
	money market
	secondary marktet

5. You won a contest and you have two options:

Option A) you receive $10,000 today

Option B) you receive $20,000 10 years from today

If the interest rate is 6% then the option with the highest present value is?

Question 4 options:

	Option B
	not enough information
	Option A
	Option A and Option B have the same present value

6. In 1931, Babe Ruth, a professional baseball player had an annual salary of $80,000. If 2021 is the base year and the Consumer Price Index (CPI) was 0.10 in 1931, what was Babe Ruth's salary in 2021 dollars?

Question options:

	$475,451
	$425,041,809
	$4,000,000
	$800,000