Suppose the economy's capital increases over the year.It must be true that
A) net investment was greater than gross investment.
B) net investment was positive.
C) depreciation is less than zero.
D) depreciation was greater than net investment.
E) depreciation was greater than gross investment.
Correct Answer:
Verified
Q5: For the aggregate economy, income equals
A)expenditure equals
Q6: Which one of the following is true?
A)Y
Q7: The purchasers in the goods markets are
A)households
Q8: In the circular flow model,
A)firms are sellers
Q9: In calculating GDP, economists use the value
Q11: The change in capital from year to
Q12: Which of the following statements is true?
A)Final
Q13: Which one of the following flows from
Q14: Which one of the following is an
Q15: Gross domestic product is
A)the market value of
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