The difference between the amount of capital at the beginning of a year and the amount of capital at the end of the year is equal to
A) financial consumption.
B) gross investment.
C) depreciation.
D) capital consumption.
E) net investment.
E
Economics
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An increase in aggregate demand results in
A) a higher unemployment rate and a lower price level. B) a decrease in real GDP and a decrease in the price level. C) a lower unemployment rate and a lower price level. D) an increase in real GDP and a decrease in the price level. E) a lower unemployment rate and a higher price level.
Economics
Table 21.4Output (Units per Day)Total Cost (Dollars per Day)016130242358478At 4 units of output in Table 21.4, total fixed costs are
A. $78.00. B. $19.50. C. $20.00. D. $16.00.
Economics