Author Question: The value of all the equipment and structures of an economy is referred to as: A) wealth. B) ... (Read 192 times)

vHAUNG6011 · **on:** Jun 30, 2018

The value of all the equipment and structures of an economy is referred to as:

A) wealth. B) national income. C) asset value. D) capital stock.

Question 2

It is conceivable that the APC, APS, MPC, and MPS could simultaneously be

A) APC = 1.0; APS = 0; MPC = 1.0; MPS = 0.15. B) APC = 1.0; APS = 0.1; MPC = 0.8; MPS = 0.25.
C) APC = 1.3; APS = -0.3; MPC = 0.9; MPS = 0.1. D) APC = 0.8; APS = 0.2; MPC = 1.1; MPS = 0.1.