If net investment spending in a nation is zero, we can conclude that:
a. gross investment exceeds the capital consumption allowance.
b. the capital consumption allowance exceeds gross investment.
c. imports equal exports.
d. gross investment equals the capital consumption allowance.
e. no investment goods were produced in the economy.
d
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How do the deadweight losses of a tariff differ when the domestic industry is perfectly competitive from when it is a monopoly?
a. They are the same. b. Deadweight losses are larger for a perfectly competitive industry than for a monopoly. c. Deadweight losses are larger for a monopoly than for a perfectly competitive industry. d. It is not possible to compare deadweight losses of a monopoly with those of a perfectly competitive industry.
Suppose you buy a new Tesla Model S. The battery that comes with the car is a(n)
A. intermediate good. B. financial good. C. final good. D. transfer good.