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The below figure shows the demand and supply curves in the market for gasoline. The price and quantity at the point of intersection of the demand and supply curves is $30 and 300 gallons respectively.Figure 3.6
-Without money, no transaction can occur.
Negative Growth Rates
A decrease over time in the measurable value of an economic indicator, such as GDP or investment value.
Expected Capital Gains Yield
The anticipated rate of return from an investment due to an increase in its market price, not including dividends or other income.
Dividend Yield
Defined as either the end-of-period dividend divided by the beginning-of-period price, or the ratio of the current dividend to the current price. Valuation formulas use the former definition.
Strong-Form Efficient
A hypothesis that states all information, both public and private, is completely reflected in stock prices, and no one can consistently achieve higher returns.
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