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bedau bedau
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6 years ago
It is often stated that the Japanese firms develop and adapt new technology to manufacturing process twice as fast as U.S. firms. If this is true, ceteris paribus, we would conclude that the
A) depreciation rate of capital does not change, but the user cost of capital increases.
B) depreciation rate of capital increases, but the user cost of capital decreases.
C) depreciation rate of capital increases, and the user cost of capital increases.
D) U.S. interest rate is too high, preventing American manufacturers from adopting new technologies.
Textbook 
Macroeconomics

Macroeconomics


Edition: 12th
Author:
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thecromthecrom
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6 years ago
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bedau Author
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6 years ago
this is exactly what I needed
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Helped a lot
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Thanks
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