A publicly traded firm has 2.5 million shares of stock outstanding, with a current share price of $30. The firm’s insurance agent estimates that the replacement cost of the firm’s plant and equipment (and related capital assets) is $70 million. Tobin’s q is
a) 0.84
b) 1.07
c) 1.20
d) 2.33
e) 2.80
b) 1.07
Economics
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A fall in the price of a good causes an increase in its:
a. quantity demanded. b. demand. c. quantity supplied. d. supply.
Economics
If people's incomes decrease, their demand for other currencies shifts to the right
Indicate whether the statement is true or false
Economics
Which of the following is NOT counted as an economic resource?
a. Money supply. b. Physical labor. c. Mental abilities of labor. d. Land. e. All of the above are included.
Economics
Which of the following is a way to address an externality problem?
a. command and control solution b. corrective tax c. corrective subsidy d. all of the above.
Economics