A price/earnings ratio is the price of a stock divided by the earnings per share.
Answer the following statement true (T) or false (F)
True
The price/earnings (P/E) ratio is the price of a stock share divided by earnings (profit) per share and is an indicator of rate of return.
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A country, such as Argentina in 2002, that is buying its own currency to maintain a given exchange rate
a. has a balance of payments surplus. b. has an undervalued currency. c. has an overvalued currency. d. need not fear a "run" on its currency.
In the United States, trade adjustment assistance
A. is often criticized on the ground that it provides benefits to millions of workers each year who have not actually been affected by increased imports. B. provides incentives for workers to search for new jobs outside an import-competing industry before they lose their jobs in this industry. C. provides subsidies to firms who produce exportable commodities. D. provides workers who have been displaced from import-competing firms with additional months of unemployment compensation.
A drug dealer earned $85,000 during a year by selling illegal drugs. His income will:
A) cause the GDP of his country to increase. B) cause the GDP of his country to decrease. C) not affect the calculation of his country's GDP. D) lead to an increase in his country's exports.
How much is the MPS?
