A decline in Tobin's q can be caused by ________
A) a rise in the market value of a firm
B) an increase in stock prices
C) a decline in stock prices
D) a decline in the replacement cost of capital
C
Economics
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When federal regulations protect birds, such as the spotted owl, lumber prices rise because
A) there is less supply of available timber. B) there is less demand for available timber. C) there is more supply of available timber. D) there is more demand for available timber.
Economics
The free-rider problem exists for goods that are ________
A) excludable B) rival C) free D) non-excludable
Economics