The buckeye corporation expects to pay a dividend of $3.15 per share at the end of next year. the firm expects the dividend to continue growing at the rate of 8% per year for the foreseeable future. if you require a return of 13% per year, the most you should pay for this stock is

Crowding out is a phenomenon focused upon most by the macroeconomists of whereby a government deficit interest rates, which in turn private investment spending. this group also believed that fiscal policy is the only thing that can lower natural unemployment. is just as effective in countering recessions as monetary policy. can be used most of the time, but monetary policy becomes a better option when velocity is fluctuating. should be used only if the central bank follows a monetary policy rule. faces problematic lags in propagating changes throughout the economy.