Suppose a share of stock is expected to pay an annual dividend of $12 forever. At a discount rate of 9.4 percent, the share's market price should be

To measure the change in the standard of living, it is best to use the growth rate

A) from the Rule of 70. B) of the price level. C) of real GDP per person. D) of real GDP. E) of the population.

In which market structure(s) might firms produce an undifferentiated product?

a. perfect competition only b. perfect competition and oligopoly c. monopolistic competition only d. perfect competition and monopolistic competition e. monopoly only