Multiple Choice
From society's viewpoint, a particular new investment project is always worthwhile if:
A) the cost of borrowing is very low.
B) the new project is more roundabout than the present method of production.
C) it will increase real GDP.
D) it will increase real NDP.
E) its rate of return is greater than the market rate of interest.
Correct Answer:
Verified
Correct Answer:
Verified
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