Other things equal, relatively poor countries tend to grow group of answer choices slower than relatively rich countries; this is called the poverty trap. slower than relatively rich countries; this is called the fall-behind effect. faster than relatively rich countries; this is called the catch-up effect. faster than relatively rich countries; this is called the constant-returns-to-scale effect.

Overspeculation and a decrease in consumer confidence are both leading factors of: ?

Pennewell publishing inc. (pp) is a zero growth company. it currently has zero debt and its earnings before interest and taxes (ebit) are $80,000. pp's current cost of equity is 10%, and its tax rate is 40%. the firm has 10,000 shares of common stock outstanding selling at a price per share of $48.00. refer to the data for pennewell publishing inc. (pp). pp is considering changing its capital structure to one with 30% debt and 70% equity, based on market values. the debt would have an interest rate of 8%. the new funds would be used to repurchase stock. it is estimated that the increase in risk resulting from the added leverage would cause the required rate of return on equity to rise to 12%. if this plan were carried out, what would be pp's new value of operations? a. $484,359 b. $521,173 c. $584,653 d. $560,748 e. $487,805

Why do police officers get paid less than professional baseball players?