Latin America
A) is significantly smaller than the NAFTA market in terms of population.
B) has a smaller population, but a larger GDP than the NAFTA market.
C) has a larger population than the NAFTA market.
D) is similar in population to the NAFTA market.
C
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In the generalized dividend model, if the expected sales price is in the distant future
A) it does not affect the current stock price. B) it is more important than dividends in determining the current stock price. C) it is equally important with dividends in determining the current stock price. D) it is less important than dividends but still affects the current stock price.
Suppose that Alan, Annie, Amanda, Alicia, and Anthony begin with the same MPC. According to Keynes's absolute income hypothesis, who ends up with the highest MPC?
a. Alicia, an attorney who earns $200,000 per year as a corporate tax specialist b. Annie, a college student living on $5,000 of student loans c. Alan, a new college graduate earning $24,000 in his first job d. Amanda, a fifty-year-old CEO earning $133,000 e. Anthony, a twenty-two-year-old rap star earning $3 million