Author Question: On January 1, Derek had CD recording devices valued at 30,000. During the year, the value of Derek's ... (Read 31 times)

jparksx · **on:** Jun 29, 2018

On January 1, Derek had CD recording devices valued at 30,000. During the year, the value of Derek's devices depreciated by 20,000. He spent 30,000 on new devices.

Derek's net investment was ________ and at the end of the year Derek had capital valued at ________.
A) 20,000; 60,000
B) 10,000; 40,000
C) 10,000; 60,000
D) 30,000; 40,000
E) 40,000; 70,000

Question 2

The above table contains information about the nation of Syldavia. There are no income taxes or imports in this nation. The equilibrium expenditure is

A) 25 billion. B) 10 billion. C) 15 billion. D) 20 billion. E) 30 billion.