If net investment in 2016 is $350 billion and gross investment in 2016 is $500 billion, depreciation in 2016 is

A. $0.7 billion.
B. $150 billion.
C. $175 billion.
D. $250 billion.


Answer: B

Economics

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Assume that the Cambridge k = .20. If income is equal to $100,000, the transactions demand for money is equal to

A) $20,000. B) $50,000. C) $100,000. D) $500,000.

Economics

Let P be the output price for a particular good. Why is the value P*MPL greater than MRPL for a monopolist?

A) The monopolist is not as technically efficient as firms operating under perfect competition. B) The monopolist hires less labor, so MPL is higher under a monopoly than under perfect competition. C) The monopolist sets a price that is higher than MR. D) A and C are correct. E) B and C are correct.

Economics

To incentivize R&D, the government proposes to take on a company's costs if its product does not succeed. This would lead to

a. The company developing a lot more products with a low risk of failure b. The company developing a lot more products with a high risk of failure c. The company developing no high risk products d. The company going bankrupt

Economics

The supply of a renewable resource is perfectly elastic

Indicate whether the statement is true or false

Economics