Suppose Mail Boxes Etc. buys a new copier for its store for $1000. A year later, when the firm wants to upgrade to a new copier, it finds that the old copier is only worth $750. Over the year the copier was used, ________ has occurred.
A) replacement investment
B) gross investment
C) depreciation
D) net investment
Correct Answer:
Verified
Q40: Q41: Q42: According to the circular flow diagram, the Q43: GDP equals Q44: Gross investment is equal to Q46: Gross domestic product is the Q47: Comparing aggregate expenditure and aggregate incomes shows Q48: Gross investment equals net investment plus Q49: Which of the following are equal to Q50: Gross investment equals
A) C + S + G
A) depreciation minus
A) value of
A) capital.
B)
A) net investment - depreciation
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