Michael Jordan is currently worth 25,000 and the CPI is 108
What will be an ideal response?
23148
(25,000 / 108= 231.48 231.48 * 100= 23148)
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If the present value equation used to calculate the price of a stock you are considering buying is "[$7 / (0.04 - 0.03)], which of the following is correct, assuming that dividends will grow at a constant rate?
A) The dividend is $7 per share, the dividend growth rate is 4 percent, and the interest rate is 3 percent. B) The stock price is $700, the dividend growth rate is 3 percent, and the interest rate is 4 percent. C) The stock price is $7, the dividend growth rate is 3 percent, and the interest rate is 1 percent. D) The dividend is $7 per share, the dividend growth rate is 1 percent, and the interest rate is 4 percent.
In the Keynesian model, and expected increase in the interest rate
a. increases the demand for bonds and the demand for money. b. increases the demand for bonds and the demand for stocks. c. decreases the demand for bonds and increases the demand for money. d. increases the demand for bonds and decreases the demand for money.
Using the aggregate expenditure-output model, assume the aggregate expenditures (AE) line is below the 45-degree line at full-employment GDP. This vertical distance is called a(n):
a. inflationary gap. b. recessionary gap. c. negative GDP gap. d. marginal propensity to consume gap.
Flat tax critics
A. Point out that it would increase home values significantly. B. Believe it would create additional vertical and horizontal inequities. C. Believe it would make it easier for state and local governments to raise their own revenues. D. Point out that it would increase the government's ability to alter the mix of output.