Author Question: The role that dead capital plays in a country's economic growth is that A) growth increases since ... (Read 157 times)

amal · **on:** Jun 30, 2018

The role that dead capital plays in a country's economic growth is that

A) growth increases since the firms using the dead capital are using it for free.
B) growth increases because the dead capital is replaced with more technologically efficient capital.
C) growth neither increases nor is impaired by dead capital.
D) growth is impaired since the capital cannot be allocated to its most efficient use.

Question 2

Borrowed funds that are to be repaid in a year or more are referred to as:

A) long-term debt. B) loanable funds.
C) annual debt. D) stockholders' equity.