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michlee michlee
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5 years ago

Question 1.

Suppose that net investment in 2016 was $20 billion and depreciation was $4 billion. Gross investment in 2016 was



▸ $16 billion.

▸ $20 billion.

▸ $24 billion.

▸ $28 billion.

Question 2.

The change in capital stock in a period is equal to



▸ the ratio of the amount of the capital at the beginning of the period to the amount of depreciation.

▸ the amount of the capital stock at the beginning of the period plus gross investment minus depreciation.

▸ the amount of the capital at the beginning of the period plus gross investment.

▸ the amount of the capital at the beginning of the period minus net investment.
Textbook 
Principles of Economics

Principles of Economics


Edition: 12th
Authors:
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blazeypoohblazeypooh
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#1
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5 years ago
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michlee Author
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5 years ago
Brilliant ツ
dedricgard
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Yesterday
Correct Slight Smile TY
jakechambo3
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2 hours ago
Thanks
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