Imagine an economy with production function Y = F(K) = and 400 units of capital. If the depreciation rate is ? = .05, how much capital will deteriorate in the next period?
A. 8 units
B. 20 units
C. 4 units
D. 16 units
Ans: B. 20 units
Economics
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Fill in the blank(s) with the appropriate word(s).
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Refer to Scenario 1 . The student has already taken 9 exams and scored a 80 on the 9th one. His average is a 70 after the 9th exam. If he scores a 70 on the tenth exam what will happen to his average?
What will be an ideal response?
Economics
When the price of yen in terms of dollars increases, Honda automobiles from Japan become cheaper to U.S. residents.
Answer the following statement true (T) or false (F)
Economics
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Economics