Multiple Choice
Suppose that the level of capital in the economy is 200 units,the depreciation rate is 10 percent,and the level of investment is equal to 10 units.In this case,
A) the economy is in a steady state.
B) investment is less than net investment.
C) investment is equal to net investment.
D) investment is greater than net investment.
E) the level of output will increase.
Correct Answer:
Verified
Correct Answer:
Verified
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