What determines the price-earnings ratio for a stock, Macroeconomics

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What determines the price-earnings ratio for a stock

Problem

What determines the price-earnings ratio for a stock? What does this imply about detecting bubbles in the stock market?

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Macroeconomics: What determines the price-earnings ratio for a stock

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Macroeconomics: What determines the price-earnings ratio for a stock

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