Which of the following goods would be most likely to feature an income elasticity of zero?

Why do governments prefer to avoid excessive current account surpluses? Or, why are growing domestic claims to foreign wealth ever a problem?

What will be an ideal response?

Fundamental analysis shows that stock in Johnson's Lumber Company has a price that is less than its present value

a. This stock is overvalued; you should consider adding it to your portfolio. b. This stock is overvalued; you shouldn't consider adding it to your portfolio. c. This stock is undervalued; you should consider adding it to your portfolio. d. This stock is undervalued; you shouldn't consider adding it to your portfolio.