Which of the following equations captures the aggregate capital stock of the economy in this year, Know?

A) Know = (1 - depreciation rate) × Klastyear + I B) Know = (1 + depreciation rate) × Klastyear + I
C) Know = (1 - depreciation rate) × Klastyear × I D) Know = (1 - depreciation rate) × Klastyear - I

The depreciation rate of capital in an economy is 10%. The investment on capital in the current year is $500.

A

Economics

You might also like to view...

Natural monopolies occur when there are

A) large diseconomies of scale. B) external economies. C) large economies of scale. D) natural resources involved.

Economics

In the above figure, which wage rate will maximize union members' income?

A) W1 B) W2 C) W3 D) W3 - W1

Economics