Increases in the stock of capital are the result of decreases in
A) net investment. B) depreciation. C) gross investment. D) all of the above.
B
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When the market price is above equilibrium then ____ and when the market price is below equilibrium, then ____.
A. quantity demanded is greater than quantity supplied; quantity supplied is greater than quantity demanded. B. quantity supplied is greater than quantity demanded; quantity supplied is greater than quantity demanded. C. quantity supplied is greater than quantity demanded; quantity demanded is greater than quantity supplied D. the market is in equilibrium; the market is in equilibrium.
Why does a monopsony increase employment when faced with an effective minimum wage law?
What will be an ideal response?
Elasticity computations related to demand carry a minus sign to show that the demand curve is negatively sloped
a. True b. False Indicate whether the statement is true or false
Which of the following countries engages in a fixed exchange rate policy?
A. The U.S. B. Japan C. The United Kingdom D. China