Additions to the nation's capital stock are brought about through
A) the current account surplus.
B) investment.
C) investment and the current account surplus.
D) investment and the government budget surplus.
B
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In the above figure, if this natural monopolist were forced to use marginal cost pricing, it would sell the product at the price
A) A. B) C. C) E. D) F.
Assume investment is possible. Which of the following will decrease the supply of current consumption?
a. Decreased productivity of capital. b. A plague that kills half of the economy's laborers. c. Increased productivity of capital. d. A temporary rise in people's wealth.
Holding all other forces constant, if decreasing the price of a good leads to a decrease in total revenue, then the demand for the good must be
a. unit elastic. b. inelastic. c. elastic. d. None of the above is correct because a price decrease never leads to an decrease in total revenue.
YearCPI2010952011100201210520131042014106According to the table shown, how do we interpret what happened between 2011 and 2014? The cost of living:
A. decreased 0.98 %. B. increased 6 %. C. decreased 2 %. D. increased 1.06 %.