The capital stock of an economy increases:
a. whenever money in circulation is decreased.
b. whenever gross investment is positive
c. whenever gross investment is negative.
d. only if net investment is positive.
e. only if gross investment is zero.
d
Economics
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Tax laws treat all in-kind payments as taxable income to the employers
a. True b. False
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Which of the following statements is TRUE?
a. Average cost (AC) is irrelevant to extent decisions b. Average cost determines how much you produce c. Marginal cost (MC) is irrelevant to extent decisions d. All of the above
Economics