Solved

If Capital Is Equal to 150,000 and Investment Is Equal

Question 17

Multiple Choice

If capital is equal to 150,000 and investment is equal to 12,000,then this is a steady state if depreciation is at a rate of

A) 8 percent.
B) 12 percent.
C) 15 percent.
D) 3 percent.
E) 4 percent.

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