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Which of the following statements is TRUE?

alireads

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Which of the following statements is TRUE?

Which of the following statements is TRUE?

▸ Physical capital accumulation will be high in the current year if the physical capital stock of the previous year was high.

▸ Physical capital accumulation will be high if the physical capital stock of the previous year was low.

▸ The rate of depreciation will be high in the current year if the investment on physical capital the previous year was low.

▸ The rate of depreciation will be low in the current year if the investment on physical capital the previous year was high.

Textbook

Macroeconomics

Macroeconomics

Edition: 3^rd

Authors: Acemoglu, Laibson, List

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