GDP can rise as a result of a rise in __________________, and Real GDP can rise as a result of a rise in _______________________

Economic depreciation is the

A) firm's opportunity cost of using its own capital. B) change in the market value of capital over a given period. C) return that an entrepreneur can expect to receive on average. D) forgone return on the funds used to buy capital.

If the rate of inflation in a given time period turns out to be lower than lenders and borrowers anticipated, then the effect will be a:

a. redistribution of wealth from lenders to borrowers. b. net gain in purchasing power for borrowers relative to lenders. c. net loss in purchasing power for lenders relative to borrowers. d. redistribution of wealth from borrowers to lenders.