Which of the following statements is true?
A) Physical capital accumulation will be high in the current year if the physical capital stock of the previous year was high.
B) Physical capital accumulation will be high if the physical capital stock of the previous year was low.
C) The rate of depreciation will be low in the current year if the investment on physical capital the previous year was high.
D) The rate of depreciation will be high in the current year if the investment on physical capital the previous year was low.
Correct Answer:
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