In a closed economy with no government sector, the change in the capital stock is:
A) net investment less depreciation.
B) gross investment less depreciation.
C) gross investment.
D) nominal saving.
Correct Answer:
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Q22: Depreciation of the capital stock occurs due
Q23: The average product of capital is:
A)
Q24: Depreciation of the capital stock occurs due
Q25: In a closed economy with no government
Q26: The growth accounting formula is:
A) 
Q28: If there are 120 machines in an
Q29: If a country has a population of
Q30: The labour force participation rate is:
A)the labour
Q31: Depreciation of the capital stock occurs due
Q32: Growth accounting shows that economic growth depends
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