The break-even tax rate between a taxable corporate bond yielding 7 percent and a comparable nontaxable municipal bond yielding 5 percent can be expressed as .
A. 0.05 / (l-t*) = 0.07
B. 0.05 - (l-t*) = 0.07
C. 0.07 + (l-t*) = 0.05
D. 0.05 x (l-t*) = 0.07
E. 0.05 x (l+t*) = 0.07

D. 0.05 x (l-t*) = 0.07

Explanation: The break even tax rate is the tax rate at which industry players don't find it advantageous or disavantageous to invest in an economy, any tax rate higher than the break even tax rate will cause investors to loss certain amount of profits.

A tax rate below the break even tax rate will cause investors to want to make investment decisions as it will be beneficial and profitable to invest more money into the economy.

Calculation:

7/100=5/100(I-t*),the break even tax rate can be expressed as

=0.07=0.05*(I-t).

i believe the answer is: streets and roads

public property refers to the property that can be used by all legal citizens in a certain country. the public property was created and maintain using the government budget that allocated specifically for it. the budget itself come from the citizen's income tax payment.

answer; burned it;