What is Tobins q? How does it provide a theory of investment spending?

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What is Tobin’s q? How does it provide a theory of investment spending?

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Macroeconomics Policy And Practice

ISBN: 978-0133424317

2nd Edition

Authors: Frederic Mishkin

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Question Posted: Feb 20, 2024 04:00 AM

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What is Tobins q? How does it provide a theory of investment spending?

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Tobins q named after economist James Tobin is a financial metric that compares the market value of a firms assets to the replacement cost of those ass...View the full answer

Macroeconomics Policy And Practice

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