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Which of the following people is frictionally unemployed?
Coupon
The yearly interest percentage paid on a bond, relative to its face value.
Tax Rate
The slice of income required as tax from businesses or individuals.
Coupon Rate
The annual interest rate paid by a bond's issuer to its holders, expressed as a percentage of the bond's face value.
Tax Shield
A reduction in taxable income for individuals or corporations achieved through claiming allowable deductions such as mortgage interest, medical expenses, amortization, and depreciation.
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