Multiple Choice
How will the age of the existing capital stock affect aggregate demand?
A) An older capital stock will decrease the level of investment and decrease aggregate demand.
B) An older capital stock will decrease the level of investment and increase aggregate demand.
C) An older capital stock will increase the level of investment and increase aggregate demand.
D) An older capital stock will increase the level of investment and decrease aggregate demand.
E) The age of the capital stock will not affect the level of investment or aggregate demand.
Correct Answer:
Verified
Correct Answer:
Verified
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