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booboo123 booboo123
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A year ago
Scenario: The depreciation rate of physical capital in an economy is 10 percent. The investment on physical capital in the current year is $500.
 

Refer to the scenario above. What is the current value of the physical capital stock in the economy if the physical capital stock in the last year was $1,000?

▸ $1,400

▸ $1,600

▸ $1,200

▸ $1,800
Textbook 
Macroeconomics

Macroeconomics


Edition: 3rd
Authors:
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shanelljac204shanelljac204
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A year ago
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A year ago
You make an excellent tutor!
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Correct Slight Smile TY
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Smart ... Thanks!
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