At the beginning of his current tax year, David invests $12,000 in original issue U. S. Treasury bonds with a $10,000 face value that mature in exactly 10 years. David receives $700 in interest at the end of the first year (one annual interest payment) from the Treasury bonds during the current year, and the yield to maturity on the bonds is 5 percent. How much interest will he report if he elects to amortize the bond premium

True or flase? a. new technological developments can us adapt to depleting sources of natural resources. b. research and development funds from the government to private industry never pay off for the country as a whole; they only increase the profits of rich corporations. c. in order for fledgling industries in poor nations to thrive, they must receive protection from foreign trade. d. countries with few natural resources will always be poor. e. as long as real gdp (gross domestic product) grows at a slower rate than the population, per capita real gdp increases.