If I Is Gross Investment,K Is Capital Stock,and "D" Is

question 48

Multiple Choice

If I is gross investment,K is capital stock,and "d" is the ratio of replacement investment to the capital stock,then Tobin's q is

• A)q = I/K - d.
• B)I = Kq + d.
• C)I/K = j (q - 1)= d
• D)q = I/K (j - 1)- d.

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