For the capital stock of the economy to remain constant over time the amount of investment:
A) must exceed the depreciated value of capital stock.
B) must be less than the depreciated value of capital stock.
C) must be equal to the depreciated value of capital stock times the savings rate of the economy.
D) must be equal to the depreciated value of capital stock.
D
Economics
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Credit cards are
A. Included in both the M1 and M2 definitions of the money supply B. Included in the M1 definition of the money supply, but not in the M2 definition C. Included in neither the M1 definition of the money supply nor in the M2 definition
Economics
Refer to the graph shown.
Assuming each carnival game costs $1 and each Ferris wheel ride costs $2, a consumer with $16 to spend will optimally choose to consume at point:
A. A. B. B. C. C. D. D.
Economics