A rise in stock prices leads to ________
A) an increase in income
B) an increase in Tobin's q
C) a decrease in Tobin's q
D) a decrease in income
B
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In the United States from 1981 to 2013, deaths from all of the following declined substantially except
A) heart attacks. B) kidney disease. C) cancer. D) strokes.
Which of the following will shift the consumption function upward?
a. A decrease in stock prices b. An increase in stock prices c. A higher price level d. A lower disposable income e. A higher disposable income
Assuming supply is held constant, an increase in demand for a product will cause an increase in the equilibrium price and the amount bought and sold
a. True b. False Indicate whether the statement is true or false
The consumption function shows the relationship between the income received by the economy’s households and the
a. amount they plan to spend on currently produced final output. b. amount of government spending. c. amount businesses plan to spend on investment. d. level of taxes on personal income.