This year Pizza Hut makes a total investment of $1.3 billion in new stores. Its depreciation in this year is $300 million. Pizza Hut's gross investment is ________ and its net investment is ________
A) $1.3 billion; $1.6 billion
B) $1.0 billion; $1.3 billion
C) $1.3 billion; $1.0 billion
D) $1.0 billion; $0.7 billion
C
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Bank runs are "contagious" in that they often spread to other banks
a. True b. False Indicate whether the statement is true or false
When a firm cheats in a cartel, it assumes that: a. other firms will also change their output. b. other firms will not change their output. c. the price of the good will not change
d. the price of the good will change.
What happens to the MP of labor when the market price of the good produced increases?
a. Increases proportional to price. b. Decreases proportional to price. c. Stays the same. d. Falls because quantity demanded falls.
A balance-of-trade surplus exists
A. if the dollar value of exports exceeds the dollar value of imports. B. if the dollar value of imported capital exceeds the dollar value of exports. C. only if there is relative price inflation domestically. D. only if full employment exists domestically.