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    Exam 3: Macro Economics Terminology and Concepts
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    MEC for a Capital Good Was Found Out to Be
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MEC for a Capital Good Was Found Out to Be

Question 6

Question 6

Multiple Choice

MEC for a capital good was found out to be 10% and the market rate of interest is 9%, then the investment is


A) not profitable
B) profitable
C) breakeven
D) cannot say

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