Depreciation is
A) the decrease in the stock of capital goods from physical wear and tear.
B) always larger than capital consumption.
C) added to GDP to equal net domestic product.
D) not included in GDP from the income side.
Correct Answer:
Verified
Q22: Q39: In the above figure, flow B represents Q40: Which of the following is true regarding Q41: Gross investment equals net investment plus Q41: Depreciation is defined as the Q42: According to the circular flow diagram, the Q44: Total output and total income in the Q45: Gross domestic product (GDP) is Q47: Gross domestic product is the Q48: The circular flow shows that![]()
A) depreciation.
B)
A) decrease in
A) the sum
A) value of
A) GDP equals
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents