The Acme Stereo Company had a capital stock of $24 million at the beginning of the year. At the end of the year, the firm had a capital stock of $20 million. Thus its
A) net investment was $4 million for the year.
B) gross investment was zero.
C) net investment was some amount but we need more information to determine the amount.
D) net investment was - $4 million for the year.
Correct Answer:
Verified
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Q9: The term capital, as used in macroeconomics,
Q10: Net investment equals
A) gross investment/depreciation.
B) gross investment
Q11: Gross investment
A) does not include additions to
Q13: The term capital, as used in macroeconomics,
Q14: If the economy's capital stock decreases over
Q15: In January 2008, Tim's Gyms, Inc. owned
Q16: The total amount spent on new capital
A)
Q17: At the beginning of the year, Tom's
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