In 2010, output per capita in China was approximately equal to

A) $2,100.
B) $7,627.
C) $22,100.
D) $32,100.

B

Economics

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Why does capital depreciate?

What will be an ideal response?

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If a bank borrows $1,000 from the Fed and lends it out, the bank sets in motion a process that will result in an expansion of the money supply by a multiple of that $1,000

a. True b. False Indicate whether the statement is true or false

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