In the shareholder wealth maximization model, the value of a firm's stock is equal to the present value of all expected future ____ discounted at the stockholders' required rate of return

The equation MRS = 1 + r means that ________

A) consumers prefer to avoid fluctuations in consumption B) at the margin, consumption grows at the real interest rate C) any movement along the budget constraint would cause a decrease in the consumer's utility D) consumer utility is a positive function of the real interest rate

Scholarly estimates of the effects of immigration on the average American wage range from:

A. -5 to -2 percent. B. +2 to +3 percent. C. -5 to +3 percent. D. -3 to +2 percent.