Fundamentally, a stock price is the ________ future earnings per share.
A. present value of expected
B. future value of expected
C. present value of only known
D. sum of expected
Answer: A
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Since property seized through eminent domain must be taken for public use, the government cannot legally sell this seized property to private investors
Indicate whether the statement is true or false
Current account surpluses are offset by
A) the liquidity balances. B) capital account deficits. C) unilateral transfers. D) balance of trade surpluses.
When the value of the British pound changes from $1.25 to $1.50, the pound has ________ and the U.S. dollar has ________
A) appreciated; appreciated B) depreciated; appreciated C) appreciated; depreciated D) depreciated; depreciated
In national income accounting, the value of worn out or obsolete capital is represented by
A) depreciation. B) transfer payments. C) disposable income. D) dividends.