Suppose that in 2009, private investment spending was $500 billion, government investment was $300 billion, and depreciation was $250 billion. How much did the capital stock increase in 2009 (assume there were no other changes that affect the capital stock)?

a. $300 billion
b. $500 billion
c. $550 billion
d. $800 billion
e. $1.05 trillion

C

Economics

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Refer to the graph below. Suppose consumers do not fully appreciate the benefits of the product whose market shown in the graph. If an external agency is able to provide full information about the benefits of the product, then:



A. The supply curve will shift to the left
B. The demand curve will shift to the right
C. Both the new equilibrium price and quantity will be lower
D. The new equilibrium price will be higher but the equilibrium quantity will be either higher or lower

Economics

If fiscal policy implementation causes some crowding out, the ________ shift of the aggregate demand curve will be ________ than it would have been if no crowding out had occurred.

A. leftward; larger B. rightward; smaller C. rightward; larger D. leftward; smaller

Economics