Economics _115 - 23 If in a given year gross investment was...

Info icon This preview shows pages 1–3. Sign up to view the full content.

View Full Document Right Arrow Icon
23. If, in a given year, gross investment was $120 billion and net investment was $65 billion, then the country's capital stock in that year: A. may have either increased or decreased B. increased by $65 billion C. increased by $55 billion D. decreased by $55 billion E. decreased by $65 billion Accessibility: Keyboard Navigation Difficulty: Easy Learning Objective: 08-01 Explain why economists choose to concentrate on Gross Domestic Product (GDP) and describe the two approaches to calculating it Lovewell - Chapter 08 #23 Topic: 08-05 The Expenditure Approach Type: Application 24. An economy is enlarging its stock of capital goods: Accessibility: Keyboard Navigation Difficulty: Easy Learning Objective: 08-01 Explain why economists choose to concentrate on Gross Domestic Product (GDP) and describe the two approaches to calculating it Lovewell - Chapter 08 #24 Topic: 08-05 The Expenditure Approach Type: Application
Image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
Image of page 2
Image of page 3
This is the end of the preview. Sign up to access the rest of the document.

{[ snackBarMessage ]}

What students are saying

  • Left Quote Icon

    As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.

    Student Picture

    Kiran Temple University Fox School of Business ‘17, Course Hero Intern

  • Left Quote Icon

    I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.

    Student Picture

    Dana University of Pennsylvania ‘17, Course Hero Intern

  • Left Quote Icon

    The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.

    Student Picture

    Jill Tulane University ‘16, Course Hero Intern