他三哥 · 2020年02月15日
问题如下：
In the long run, which of the following factor is most likely drive stock market performance?
选项： the potential GDP.
the P/E ratio.
C.the earning to GDP ratio.
解释：
A is correct.
考点：股票市场和经济增长的关系
解析：在长期，the potential GDP growth rate equals the growth rate of aggregate equity valuation.
对于其它因素，growth rate in the P/E ratio will be zero and growth in earnings relative to GDP is zero.
是不是A应该改为the growth rate of potential GDP更好。
NO.PZ2018091706000022 问题如下 In the long run, whiof the following factor is most likely ive stomarket performance? the potentiG. the P/E ratio. the earning to G ratio. A is correct.考点股票市场和经济增长的关系解析在长期，the potentiG growth rate equals the growth rate of aggregate equity valuation.对于其它因素，growth rate in the P/E ratio will zero angrowth in earnings relative to G is zero. 老师上课讲了eps的例子我懂，但是B为啥不对呢？教材上对应哪个地方写了这个长期时，变化值为0？我记得不是说了市场的PE的volatility是一个很重要的影响因素呀
NO.PZ2018091706000022 问题如下 In the long run, whiof the following factor is most likely ive stomarket performance? the potentiG. the P/E ratio. the earning to G ratio. A is correct.考点股票市场和经济增长的关系解析在长期，the potentiG growth rate equals the growth rate of aggregate equity valuation.对于其它因素，growth rate in the P/E ratio will zero angrowth in earnings relative to G is zero. 三个影响因素不是vinyiel无关lta P/E，关系不强earning growth per share，有关系跟protentiG有什么关系？potentiG难道包含在3里面吗
NO.PZ2018091706000022问题如下 In the long run, whiof the following factor is most likely ive stomarket performance? the potentiG. the P/E ratio. the earning to G ratio. A is correct.考点股票市场和经济增长的关系解析在长期，the potentiG growth rate equals the growth rate of aggregate equity valuation.对于其它因素，growth rate in the P/E ratio will zero angrowth in earnings relative to G is zero.老师，这个结论我记住了，但是有个疑问。那按着这个逻辑，中国的股市指数价格这么低，是因为潜在g不高。感觉好像不太对。我记得和老师上课讲过这个问题，但好像不是潜在g的逻辑。
NO.PZ2018091706000022 问题如下 In the long run, whiof the following factor is most likely ive stomarket performance? the potentiG. the P/E ratio. the earning to G ratio. A is correct.考点股票市场和经济增长的关系解析在长期，the potentiG growth rate equals the growth rate of aggregate equity valuation.对于其它因素，growth rate in the P/E ratio will zero angrowth in earnings relative to G is zero. the potentiG growth rate equals the growth rate of aggregate equity valuation.
NO.PZ2018091706000022 问题如下 In the long run, whiof the following factor is most likely ive stomarket performance? the potentiG. the P/E ratio. the earning to G ratio. A is correct.考点股票市场和经济增长的关系解析在长期，the potentiG growth rate equals the growth rate of aggregate equity valuation.对于其它因素，growth rate in the P/E ratio will zero angrowth in earnings relative to G is zero. C的the earning to G ratio，对应讲义上的公式吗？
