A nation's capital stock was valued at $300 billion at the start of the year and $350 billion at the end. Consumption of fixed capital in the year was $25 billion. Assuming stable prices, gross
Investment was
A) $25 billion.
B) $50 billion.
C) $75 billion.
D) $90 billion.
Correct Answer:
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Q210: Q211: In an economy that is experiencing a Q212: If inflows to the capital stock are Q213: The consumption of fixed capital in each Q214: The following are national income account data Q216: The expenditures or output approach to GDP Q217: In an economy that has stationary production Q218: A distinguishing characteristic of public transfer payments Q219: GDP in an economy is $11,050 billion. Q220: In the expenditures approach of national income
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