Refer to Figure 8A.2. If the economy were originally saving at the rate s1 but changed to the rate s2
A) depreciation will not catch up to total saving. B) capital deepening will continue past K2.
C) the economy stops growing at e1. D) saving exceeds depreciation at K1.
D
Economics
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Define wealth, or net worth
What will be an ideal response?
Economics
Because new plastic and recycled plastic are substitutes, as the price of newly produced plastic decreases
A) the demand curve for recycled plastic shifts to the left. B) there is a movement up along the demand curve for recycled plastic. C) there is a movement down along the demand curve for recycled plastic. D) the demand curve for recycled plastic shifts to the right.
Economics