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    Macroeconomics Study Set 11
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    Exam 15: Expectations, consumption, and Investment
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    Suppose a Firm Has 100 Machines and 100 Shares Outstanding
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Suppose a Firm Has 100 Machines and 100 Shares Outstanding

Question 27

Question 27

Multiple Choice

Suppose a firm has 100 machines and 100 shares outstanding.The price per share is $2,and the purchase price of a machine is $1.So Tobin's q is equal to


A) 2.
B) 1.
C) 0.5.
D) 1.5.

Correct Answer:

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