Examlex
Which of the following generates productive efficiency?
Tax Rates
The percentage of income or value of goods taxed by the government.
Indentures
Indentures are formal debt agreements or contracts specifying the terms of a bond issue, including the interest rate, maturity date, and other conditions.
Covenants
Legal agreements or conditions included in contracts such as bonds or loans that dictate certain actions the issuer or borrower must perform or avoid.
Dividends
Distributions of a portion of a company's earnings decided by the board of directors to its shareholders.
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