The abnormal net income model predicts a negative relationship between economic profits and stock prices
Indicate whether the statement is true or false
False
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In the above figure, if the interest rate is 8 percent per year, the quantity of money demanded is
A) less than the quantity of money supplied, and the interest rate will change. B) less than the quantity of money supplied, and the demand curve for money will shift. C) greater than the quantity of money supplied, and the supply curve of money will shift. D) greater than the quantity of money supplied, and the interest rate will change. E) greater than the quantity of money supplied, and the demand curve for money will shift.
A long line at the campus bookstore at the beginning of the term is an example of
A) price rationing. B) an ineffective price ceiling. C) a non-price rationing device. D) an ineffective price floor.
Total costs increase from $1500 to $1800 when a firm increases output from 40 to 50 units. Which of the following are true?
a. AVC rise by $300 b. AVC rise by $1800 c. AVC rise by $1500 d. AVC rise by $0
Total losses of the Fortune 500 companies in 2008 were _____ times the losses incurred in 2006.
A. 3. B. 6. C. 10. D. 14.