A reduction in the value of capital goods over time due to their use in production is called:
a. amortization.
b. erosion.
c. consumption.
d. investment.
e. depreciation.
e
Economics
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A nation's trade is said to be balanced when the value of its exports is greater than the value of its imports
a. True b. False Indicate whether the statement is true or false
Economics
Which of the following would NOT be considered a macroeconomic topic?
A) the reasons for a decline in the price of crude oil B) the cause of a downturn in the economy C) the effect of the government budget deficit on inflation D) the causes of inflation and unemployment
Economics