The decrease in the value of the capital that results from its use and obsolescence is
A) depreciation.
B) net investment.
C) appreciation.
D) deconstruction.
E) gross investment.
A
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What factors explain why high-skilled workers are paid more than low-skilled workers?
What will be an ideal response?
Answer the following statement(s) true (T) or false (F)
1. Ocean dumping of certain wastes is prohibited by the London Convention 1972 (LC72) and the 1996 Protocol. 2. The U.S.–Canada Air Quality Agreement represents the efforts of the two nations to combat climate change. 3. The Border 2012 Program involving the United States and Mexico has a broad agenda, including improving air and water quality, tracking hazardous waste, and promoting pollution prevention. 4. Advocates of free trade argue that increases in worldwide output and efficiency gains from specialization are among the associated gains of unencumbered international trade.
When exchange rates are fixed, a temporary expansion in the money supply will:
A) increase output. B) leave output unchanged. C) lower output. D) increase the exchange rate.
A marginal tax rate is calculated as
A) change in taxes paid ÷ the change in total taxable income.
B) change in taxable income ÷ change in taxes paid.
C) taxes paid ÷ total taxable income.
D) total taxable income ÷ by taxes paid.