If gross investment is $2,593 billion and net investment is $873 billion, depreciation is:
A. $2,593 billion.
B. $873 billion.
C. $3,466 billion.
D. $1,720 billion.
Answer: D
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In the dynamic aggregate demand and aggregate supply model, what is the result of aggregate demand increasing slower than potential real GDP?
What will be an ideal response?
Refer to the above table. What does the marginal revenue product equal when 28 workers are hired a week?
A) $1040 B) $900 C) $210 D) $7.50
Excess reserves fuel the deposit expansion process, and a lower reserve requirement drains this fuel from the banking system, thereby reducing the amount of new money in that can be created
Indicate whether the statement is true or false
Through the taking of deposits and making loans, banks
A. create more money that physically exists. B. have no role in the money creation process. C. destroy money that would physically exist if they were not part of the process. D. leave the system with exactly the same amount of money as physically exists.