According to Tobin's Q Theory,when Equity Prices Are High the Market

question 60

Multiple Choice

According to Tobin's q theory,when equity prices are high the market price of existing capital is ________ relative to new capital,so expenditure on fixed investment is ________.

• A)cheap;low
• B)dear;low
• C)cheap;high
• D)dear;high

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Definitions:

Ecotourism

Foreign travel with the goal of minimizing the environmental consequences of tourism as well as its possible negative effects on local cultures and economies, typically involving people from highly industrialized nations traveling to less developed countries.

Green Consumption

The practice of purchasing products and services that are environmentally friendly and have minimal impact on the earth's resources.

Environmental Consequences

The impacts or effects of human activities on the natural environment, including pollution, habitat destruction, and climate change.

Alienation

The feeling of being isolated or estranged from oneself, others, or society as a whole.