In a closed economy with no government sector, the change in the capital stock is equal to:
A) net investment less depreciation.
B) nominal saving.
C) gross investment.
D) real saving.
Correct Answer:
Verified
Q20: The marginal product of capital is how
Q21: Figure 3.1 Q22: Depreciation of the capital stock occurs due Q23: The average product of capital is: Q24: Depreciation of the capital stock occurs due Q26: The growth accounting formula is: Q27: In a closed economy with no government Q28: If there are 120 machines in an Q29: If a country has a population of Q30: The labour force participation rate is:
A)
A)
A)the labour
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