If an economy invests more than it loses through depreciation ________.
A) the saving rate will fall
B) the saving rate will rise
C) the quantity of labor will fall
D) the capital stock will expand
Correct Answer:
Verified
Q1: If depreciation is equal to investment _.
A)capital
Q2: In the past 50 years,per capita income
Q4: The loss of capital due to the
Q5: If depreciation is less than investment _.
A)capital
Q6: The economic growth of the United States
Q7: The per-worker production function is _.
A)upward-sloping
B)downward-sloping
C)vertical
D)horizontal
Q8: The positive slope of the per-worker production
Q9: Changes in the capital stock are caused
Q10: In a closed economy _.
A)investment equals consumption
B)investment
Q11: The per-worker production function flattens out due
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