If a company pays a dividend of $2 to be received one year from now, dividends are expected to grow at a rate of 3 percent per year for the indefinite future, and the interest rate is 4 percent, the price of the company's stock should be ________ per

If the economy is in equilibrium at $600 billion national income and if MPC = 0.75 and intended investment is $25 billion, what happens to national income when intended investment increases to $30 billion? It will

a. increase to $605 billion b. decrease to $595 billion c. increase to $620 billion d. increase to $624 billion e. decrease to $580 billion

In the circular-flow diagram, which of the following items does not flow from households to firms?

a. revenue b. land, labor, and capital c. factors of production d. profit