What Is Tobin's Q? How Tight Is the Relation Between

question 54

Essay

What is Tobin's q? How tight is the relation between Tobin's q and investment?

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Definitions:

Specific Tax

A fixed amount taxed per unit of a good or service, as opposed to a percentage of the price.

Fraction

A numerical quantity that is not a whole number, represents a part of a whole, typically written with a numerator and a denominator separated by a slash.

Consumers

Individuals or households that use goods and services generated within the economy.

Import Quota

A restriction set by the government on the amount or cost of products allowed to be brought into a country from abroad.