Suppose the growth rate of the firm's profit is 7 percent, the interest rate is 9 percent, and the current profits of the firm are $60 million. What is the value of the firm?
A. $4,480.6 million
B. $289.4 million
C. $3,270 million
D. None of the statements associated with this question are correct.
Answer: C
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Data indicate that the economy's response to monetary policy became noticeably weaker and more stretched out during
A) 1961-75. B) 1976-90. C) 1991-2007. D) None of the above. The response has grown stronger and shorter.
The unemployment rate is calculated as: a. the number of officially unemployed persons divided by the number of officially employed persons
b. the number of officially employed persons divided by the number of officially unemployed persons. c. the number of officially unemployed persons divided by the number of officially employed plus unemployed persons. d. the number of officially unemployed persons divided by the population.