Economic Concepts Quiz

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Questions and Answers

What does 'net' mean in the context of capital depreciation?

  • The value of capital increases
  • The total amount spent on new capital
  • After subtracting capital depreciation (correct)
  • Before subtracting capital depreciation

What is the opposite of 'gross' in the context of capital depreciation?

  • Depreciation
  • Net (correct)
  • Wear and tear
  • Obsolescence

What is the total amount spent both buying new capital and replacing depreciated capital called?

  • Depreciation
  • Gross investment (correct)
  • Net investment
  • Wear and tear

What does net investment equal to?

<p>Gross investment minus depreciation (C)</p> Signup and view all the answers

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