The supply of land being fixed, the earnings from land are called transfer earnings
a. True
b. False
Indicate whether the statement is true or false
False
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If a stock's dividend is expected to grow at a constant rate of 4 percent in the future and it has just paid a dividend of $6.00 per share,
and you have an alternative investment of equal risk that will earn a 7 percent rate of return, what would you be willing to pay per share for this stock? A) $6.66 B) $54.55 C) $200.00 D) $208.00
Under purely flexible exchange rates,
A) there is no intervention by the domestic fiscal or monetary authorities to specifically target the nominal exchange rate. B) there is only occasional intervention by the domestic fiscal or monetary authorities to specifically target the nominal exchange rate. C) the domestic fiscal and monetary authorities retain considerable flexibility to prevent short-run variability in the nominal exchange rate. D) the domestic fiscal and monetary authorities retain considerable flexibility to prevent long-run variability in the nominal exchange rate.
When an oligopoly cuts its price to try and attract customers from rivals, it could lead to a price war
a. True b. False Indicate whether the statement is true or false
The price of a given good is likely to be less variable with speculators than it would be without speculators
Indicate whether the statement is true or false