In the stock valuation formula "good news" affects both the numerator and denominator. Conventional wisdom on Wall Street is that the effect on the __________ is __________ the effect on the __________
A) numerator; less than; denominator
B) numerator; greater than; denominator
C) numerator; the same as; denominator
D) None of the above.
B
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Based on the figure below. Starting from long-run equilibrium at point C, a tax increase that decreases aggregate demand from AD1 to AD will lead to a short-run equilibrium at point ________ and eventually to a long-run equilibrium at point ________, if left to self-correcting tendencies.
A. D; C B. D; B C. A; B D. B; C
In the ______ century in the U.S., standards of hygiene were undergoing an enormous transformation
a. 16th b. 17th c. 18th d. 20th
Refer to the information. The multiplier for this economy is:
A. 2.
B. 2.5.
C. 3.
D. 4.
If the value added of a firm is positive, will the firm necessarily have positive profits?
What will be an ideal response?