The intuition behind the budget constraint is that
A) more options are preferred to less.
B) money is the root of all happiness.
C) information is power.
D) scarcity is avoidable with prosperity.
A
Economics
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Suppose 3M pays a dividend of $2 per share which the investor is expected to receive immediately. The dividend is expected to grow by 5% per year and the investor has a required rate of return of 8%
What should be the current price of the stock according to the Gordon-Growth model?
Economics
The labor force equals the number of people
A) employed. B) unemployed. C) employed plus unemployed. D) in the working-age population.
Economics