A taxpayer is in a 25% tax bracket and itemizes deductions. He obtains a mortgage from a bank at 4% interest. The actual rate of interest he pays is (after the deduction form income tax):

Uknow what i love about i ask a dumb question it is immediately answered but when i ask a real question it take like an hour to get answered

Which of the following has the largest impact on opportunity cost

Three years ago, the city of recker committed to build a park and music venue by the river. it was expected to cost $2.5 million and be paid for from an additional meals tax in the community. the residents pushed back. local restaurants suffered as people ate out less or patronized restaurants in neighboring communities. the project has stalled, but the town council kept pushing it on. this spring, a flood devastated the venue. the town council appears to have suffered from bias