Inflation inertia is represented in the aggregate supply and aggregate demand model by
continuing upward shifts in the:
a) aggregate demand curve.
b) short-run aggregate supply curve.
c) long-run aggregate supply curve.
d) aggregate demand and short-run aggregate supply curves.

Abusiness cycle reflects in economic activity, particularly real gdp. the stages of a business cycle

Assume today is december 31, 2013. barrington industries expects that its 2014 after-tax operating income [ebit(1 – t)] will be $400 million and its 2014 depreciation expense will be $70 million. barrington's 2014 gross capital expenditures are expected to be $120 million and the change in its net operating working capital for 2014 will be $25 million. the firm's free cash flow is expected to grow at a constant rate of 4.5% annually. assume that its free cash flow occurs at the end of each year. the firm's weighted average cost of capital is 8.6%; the market value of the company's debt is $2.15 billion; and the company has 180 million shares of common stock outstanding. the firm has no preferred stock on its balance sheet and has no plans to use it for future capital budgeting projects. using the corporate valuation model, what should be the company's stock price today (december 31, 2013)? round your answer to the nearest cent. do not round intermediate calculations.

Stock market crashes happen when the value of most of the stocks in the stock market increase at the same time. question 10 options: true false