If each unit of capital lasts an average of 25 years,then for an economy with a capital stock worth 5 times the annual GDP,approximately what percentage of output must be set aside to replace depreciation?
A) 5%
B) 10%
C) 20%
D) 25%
E) 30%
Correct Answer:
Verified
Q35: The next questions refer to the following.
Current
Q36: The next questions refer to the following.
Consider
Q37: According to the permanent income hypothesis,which of
Q38: The next questions refer to the following.
Current
Q39: The economy's IS curve has a downward
Q41: A publicly traded firm has 2.5 million
Q42: Which of the following is a definition
Q43: According to Tobin's q theory of investment,
A)
Q44: The next questions refer to the following.
Consider
Q45: A firm's net investment will be negative
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents