Which of the following equations captures the aggregate capital stock of the economy in this year, Know?
A) Know = (1 - depreciation rate) × Klastyear + I B) Know = (1 + depreciation rate) × Klastyear + I
C) Know = (1 - depreciation rate) × Klastyear × I D) Know = (1 - depreciation rate) × Klastyear - I
The depreciation rate of capital in an economy is 10%. The investment on capital in the current year is $500.
A
You might also like to view...
If we compare a perfectly competitive market to a single-price monopoly with the same costs, the monopoly sells
A) the same quantity at a higher price. B) a smaller quantity at a higher price. C) a larger quantity at a lower price. D) a larger quantity at a higher price. E) a smaller quantity at the same price.
Suppose the price and quantity of steel fell at the same time. What might be the likelyexplanation of this using supply and demand analysis?
What will be an ideal response?
Economists Barro and McCleary's research regarding the impact of religious beliefs on economic growth noted that a belief in hell matters more to economic growth than the belief in heaven
Indicate whether the statement is true or false
An increase in the economic output of a society is known as ______.
a. efficiency b. scarcity c. consumerism d. growth