Which of the following uses of tax revenues collected by the government leads to increased capital deepening?
A) building roads
B) increased foreign aid
C) Medicare payments
D) Social Security payments
Correct Answer:
Verified
Q42: In a simple economy without government or
Q43: Recall the Application about the relationship between
Q44: Net investment plus depreciation is equal to
A)
Q45: In a simple economy (without government or
Q46: Recall the Application about the relationship between
Q48: To determine the change in the capital
Q49: Recall the Application about the relationship between
Q50: Capital deepening causes _ in the demand
Q51: As the stock of capital grows, there
Q52: Gross investment minus depreciation is equal to
A)
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