On January 1, Derek had CD recording devices valued at $30,000. During the year, the value of Derek's devices depreciated by $20,000. He spent $30,000 on new devices
Derek's net investment was ________ and at the end of the year Derek had capital valued at ________.
A) $20,000; $60,000
B) $10,000; $40,000
C) $10,000; $60,000
D) $30,000; $40,000
E) $40,000; $70,000
B
Economics
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At the time monetary union in Europe began in 1999, which of the following countries declined to participate?
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Which of the following is a primary objective of monetary policy?
A) achieving a zero natural rate of unemployment B) targeting a zero rate of inflation C) achieving price stability D) all of the above E) none of the above
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