Which of the followings statements is true?
A) The amount of capital accumulation will be higher if the capital stock of last year was low.
B) The amount of depreciation will be lower if the investment on capital last year was high.
C) The amount of capital accumulation will be higher if the capital stock of last year was high.
D) The amount of depreciation will be higher if the investment amount on capital last year was low.
C
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Identify the correct statement about the effect of an expansionary monetary policy in an economy
a. It results in an increase in real gross domestic product in the short run and inflation in the long run. b. It results in a decrease in real gross domestic product in the short run and inflation in the long run. c. It results in an increase in real gross domestic product in the short run and deflation in the long run. d. It results in a decrease in real gross domestic product in the short run and deflation in the long run.
Suppose that the chain-weighted index for GDP in Gambia was 275 in 2015 and 350 in 2016. The inflation rate between those two years was approximately:
A. 20.2 percent. B. 27.3 percent. C. 37.5 percent. D. 75 percent.