The fraction of capital that wears out every year is known as ________

A) gross investment
B) depreciation
C) net investment
D) devaluation

B

Economics

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The Ricardian two-country two-good model predicts that there are potential benefits from trade, but NOT

A) the effect of trade on income distribution. B) the mechanism that determines which country will specialize in which good. C) when one country has an absolute advantage in the production of both goods. D) when one country has significantly lower wages than the other country. E) when both countries have the same types of technology available.

Economics

The __________ "Hausbank" handles all the external financing for a firm

A) Japanese B) German C) Swedish D) British

Economics