According to Tobin's q theory, the principal objective of investment is ________
A) to increase eligibility for the investment tax credit
B) to expand production
C) to increase the market value of the firm
D) to lower the replacement cost of installed capital
C
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The gross estate is
A. very disgusting. B. all property owned by decedent at time of death. C. general property that is held in a trust. D. being phased out of current tax law.
In the Mundell-Fleming model, the exogenous variables are
a. government spending, taxes, and income. b. the exchange rate and the price level. c. the price level, the world interest rate, monetary policy, and fiscal policy. d. the world interest rate, the price level, and the exchange rate. e. none of the above.
A monopolistic industry will have a Herfindahl index value of:
a. 1. b. 100. c. 500. d. 1000. e. 10.
Ceteris paribus, if Canadians decide they want to eat more U.S.-grown soybeans, this causes the ________ U.S. currency to ________.
A. supply of; decrease B. demand for; decrease C. supply of; increase D. demand for; increase