MYLAB ECONOMICS WITH PEARSON ETEXT -- A
MYLAB ECONOMICS WITH PEARSON ETEXT -- A
5th Edition
ISBN: 2819260099840
Author: Mishkin
Publisher: PEARSON
Question
Book Icon
Chapter 25, Problem 12Q
To determine

The effect of the policy of Federal Reserve Bank on the economy as it relates to the Tobin Q transmission mechanism

Concept introduction:

Tobin Q - This ratio has been devised by James Tobin of Yale University, Nobel laureate in economics. It measures the firm assets in relation to the firm’s market value.

Formula: Tobin Q = total market value / total asset value of firm

The Tobin's Q  ratio is a measure of firm assets in relation to a firm's market value. The formula for Tobin’s Q  is: Tobin's Q  = Total Market Value of Firm / Total Asset Value of Firm.

Expert Solution & Answer
Check Mark

Want to see the full answer?

Check out a sample textbook solution
Blurred answer
Previous
Chapter 25, Problem 11Q
Next
Chapter 25, Problem 13Q

Chapter 25 Solutions

MYLAB ECONOMICS WITH PEARSON ETEXT -- A

Ch. 25 - Prob. 1LOCh. 25 - Prob. 2LOCh. 25 - Prob. 1QCh. 25 - Prob. 2QCh. 25 - Prob. 3QCh. 25 - Prob. 4QCh. 25 - Prob. 5QCh. 25 - Prob. 6QCh. 25 - Prob. 7QCh. 25 - Prob. 8Q
Ch. 25 - Prob. 9QCh. 25 - Prob. 10QCh. 25 - Prob. 11QCh. 25 - Prob. 12QCh. 25 - Prob. 13QCh. 25 - Prob. 14QCh. 25 - Prob. 15QCh. 25 - Prob. 16QCh. 25 - Prob. 17QCh. 25 - Prob. 18QCh. 25 - Prob. 19QCh. 25 - Prob. 20QCh. 25 - Prob. 21QCh. 25 - Prob. 22QCh. 25 - Prob. 23QCh. 25 - Prob. 24QCh. 25 - Prob. 25APCh. 25 - Prob. 1DAPCh. 25 - Prob. 2DAPCh. 25 - Prob. 1WECh. 25 - Prob. 2WE
Knowledge Booster
Background pattern image
Recommended textbooks for you
Text book image
ENGR.ECONOMIC ANALYSIS
Economics
ISBN:9780190931919
Author:NEWNAN
Publisher:Oxford University Press
Text book image
Principles of Economics (12th Edition)
Economics
ISBN:9780134078779
Author:Karl E. Case, Ray C. Fair, Sharon E. Oster
Publisher:PEARSON
Text book image
Engineering Economy (17th Edition)
Economics
ISBN:9780134870069
Author:William G. Sullivan, Elin M. Wicks, C. Patrick Koelling
Publisher:PEARSON
Text book image
Principles of Economics (MindTap Course List)
Economics
ISBN:9781305585126
Author:N. Gregory Mankiw
Publisher:Cengage Learning
Text book image
Managerial Economics: A Problem Solving Approach
Economics
ISBN:9781337106665
Author:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor
Publisher:Cengage Learning
Text book image
Managerial Economics & Business Strategy (Mcgraw-...
Economics
ISBN:9781259290619
Author:Michael Baye, Jeff Prince
Publisher:McGraw-Hill Education
SEE MORE TEXTBOOKS