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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</p> Signup and view all the answers

Economic Concepts Quiz

Choose a study mode

Podcast

Questions and Answers

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

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

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

What does net investment equal to?

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