In 2016 Happyland's planned investment was $90 billion and its actual investment was $140 billion. In 2016 Happyland's unplanned inventory change was
A. -$115 billion.
B. -$50 billion.
C. $50 billion.
D. $230 billion.
Answer: C
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A share of stock expected to pay an annual dividend of $12 forever has a market price of __________ when the Treasury bond rate is 6.5% and the stock has a risk premium of 4.5%
A) $109.09 B) $184.62 C) $266.67 D) $600
Economic rents are earned whenever
a. demand for a factor is perfectly inelastic. b. a factor receives a reward that exceeds its cost. c. a factor earns a reward that is greater than the amount needed to keep the factor in its present employment. d. a factor's supply curve intersects its demand curve at a point where demand is inelastic.
The average income in a rich country, such as the United States or Japan, is more than
a. 3 times, but less than 5 times, the average income in a poor country, such as Indonesia or Nigeria. b. 5 times, but less than 10 times, the average income in a poor country, such as Indonesia or Nigeria. c. 10 times, but less than 20 times, the average income in a poor country, such as Indonesia or Nigeria. d. more than 20 times the average income in a poor country, such as Indonesia or Nigeria.
(Consider This) Approximately what percentage of start-up firms in the United States go bankrupt within the first two years?
A. 3.5. B. 10.2. C. 22. D. 53.