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Macroeconomics 11th Edition by Stephen Slavin
Edition 11ISBN: 978-0077641559Macroeconomics 11th Edition by Stephen Slavin
Edition 11ISBN: 978-0077641559 Exercise 16
Circle the letter that corresponds to the best answer. Business firms invest in plant and equipment during recession years for each of these re a sons except
A) Interest rates are lower.
B) It has been planned years ahead.
C) It replaces worn-out plant and equipment.
D) It is needed because capacity may be fully utilized.
A) Interest rates are lower.
B) It has been planned years ahead.
C) It replaces worn-out plant and equipment.
D) It is needed because capacity may be fully utilized.
Explanation
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Verified
Investment in plant and equipment, also ...
Macroeconomics 11th Edition by Stephen Slavin
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