The difference between gross and net investment is referred to as:
a. a personal tax.
b. the income earned but not received.
c. a capital consumption allowance.
d. an indirect business tax.
e. a statistical discrepancy.
c
You might also like to view...
Giving the store clerk a $20 bill for a sweater priced at $20 is an example of money serving as a
A) medium of exchange. B) unit of accounting. C) store of value. D) standard of deferred value.
As a rule, as a consumer acquires more and more of a good, the marginal utility declines
a. True b. False Indicate whether the statement is true or false
Long-lived goods used for producing other goods and services are called:
A. consumption goods. B. capital goods. C. value-added goods. D. non-market goods.
If a country imposes a tariff on imported shoes, we expect the domestic price of shoes to _______ and the quantity of shoes consumed in the domestic market to _______ .
A) fall; fall B) fall; rise C) rise; fall D) rise; rise