Refer to the scenario above. What will be the capital stock in the economy in the current year, if the capital stock in the last year was worth $600?

A) $1200 B) $1040 C) $900 D) $1000


B

Economics

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Within the framework of the aggregate expenditures model, which of the following is true?

a. When spending on goods and services exceeds the level business decision makers anticipated, inventories will rise. b. Equilibrium will always occur at the full-employment level of output. c. A nation's imports will decline as the nation's disposable income increases. d. When spending on goods and services exceeds the level of aggregate output, inventories will fall.

Economics

The actions of borrowers and lenders are coordinated by

a. the interest rate in the loanable funds market. b. the government in the resources market. c. businesses in the resources market. d. the interest rate in the goods and services market.

Economics

Based on the table for total, marginal, and average revenue, at what whole dollar unit price is total revenue maximized?



a. $2
b. $3
c. $4
d. $5

Economics

Refer to the information provided in Figure 7.3 below to answer the question(s) that follow.  Figure 7.3Refer to Figure 7.3. The average product of the first worker is ________ yards raked.

A. 4 B. 10 C. 14 D. 27

Economics