In the reservoir analogy of stock and flow for the economy:
A. Gross investment is an outflow and depreciation is an inflow
B. The stock of capital is an outflow and depreciation is an inflow
C. Net investment is an inflow and the stock of capital is an outflow
D. Gross investment is an inflow and depreciation is an outflow
D. Gross investment is an inflow and depreciation is an outflow
You might also like to view...
Refer to the given data. The United States' balance on financial account is a:
The following table contains hypothetical data for the 2012 U.S. balance of payments. Answer the question on the basis of this information. All figures are in billions of dollars.
A. $20 billion surplus.
B. $15 billion surplus.
C. $30 billion deficit.
D. $20 billion deficit.
To derive the market demand curve for a private good, one sums the ________. For a public good, one sums the ________.
A. individual prices at various quantities; individual quantities at various prices B. individual quantities at various prices; individual quantities at various prices C. individual prices at various quantities; individual prices at various quantities D. individual quantities at various prices; individual prices at various quantities