Accelerated depreciation laws may increase firms' investment in equipment because:
a. machines will wear out more rapidly.
b. profits will be increased.
c. the rental rate on capital will be reduced.
d. the price of machines will fall.
c
Economics
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By measuring ________ we can see that the economies of Hong Kong and Singapore are catching up to the economies of North America but that the economies of Central and South America are not
A) inflation per person B) real GDP per person C) the population D) real GDP
Economics
An example of "investment" in computing real GDP using the expenditure approach is the purchase of
A) a new set of tools by an auto mechanic, for use in repairing cars. B) 100 shares of IBM stock. C) a 100 year old house by a married couple. D) computer chips by Dell to put in their personal computers.
Economics