One Characteristic That Has Allowed the U

question 125

Multiple Choice

One characteristic that has allowed the U.S.economy to change the mix of output in response to consumer demand is the

• A)Ease with which resources move from one industry to another.
• B)Abundance of scarce resources.
• C)Large number of proprietorships.
• D)Labor-intensive production process.

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Definitions:

Per Share FCFE

Free Cash Flow to Equity per share, indicating the amount of cash available to equity shareholders per share after expenses, reinvestment, and debt payments.

Required Rate of Return

The minimum annual percentage return on an investment deemed acceptable by an investor or creditor.

Per Share FCFE

Free Cash Flow to Equity per share; a measure of how much cash is available to the equity shareholders of a company on a per share basis.

Required Return

The minimum percentage return an investor expects or requires from an investment to make it worthwhile.