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Author Question: A reduction in the value of capital goods over time due to their use in production is called: a. ... (Read 70 times)

xroflmao

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A reduction in the value of capital goods over time due to their use in production is called:
 a. amortization.
  b. erosion.
  c. consumption.
  d. investment.
  e. depreciation.

Question 2

If C' denotes consumption expenditure, I' denotes investment expenditure, G' denotes government expenditure and X' denotes net exports, then C + I + G + X equals:
 a. net national product.
  b. disposable personal income.
  c. net exports.
  d. personal income.
  e. gross domestic product.



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mariahkathleeen

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Answer to Question 1

e

Answer to Question 2

e




xroflmao

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Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it


blakcmamba

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

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