Author Question: Refer to the scenario above. If both economies have the same depreciation rate, then which of the ... (Read 47 times)

jman1234

  • Hero Member
  • *****
  • Posts: 560
Refer to the scenario above. If both economies have the same depreciation rate, then which of the following statements will be true?
 
  A) Economy A will have a greater capital stock and a lower GDP than economy B.
  B) Economy A will have a greater capital stock and GDP than economy B.
  C) Economy A will have a lower capital stock and GDP than economy B.
  D) Economy A will have a lower capital stock and a greater GDP than economy B.

Question 2

Refer to the scenario above. If both economies have identical depreciation rate, then:
 
  A) economy A's steady state equilibrium will lie to the left and above economy B's steady state equilibrium.
  B) economy A's steady state equilibrium will lie to the right and below economy B's steady state equilibrium.
  C) economy A's steady state equilibrium will lie to the left and below economy B's steady state equilibrium.
  D) economy A's steady state equilibrium will lie to the right and above economy B's steady state equilibrium.



kaillie

  • Sr. Member
  • ****
  • Posts: 326
Answer to Question 1

B

Answer to Question 2

D



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

People often find it difficult to accept the idea that bacteria can be beneficial and improve health. Lactic acid bacteria are good, and when eaten, these bacteria improve health and increase longevity. These bacteria included in foods such as yogurt.

Did you know?

Dogs have been used in studies to detect various cancers in human subjects. They have been trained to sniff breath samples from humans that were collected by having them breathe into special tubes. These people included 55 lung cancer patients, 31 breast cancer patients, and 83 cancer-free patients. The dogs detected 54 of the 55 lung cancer patients as having cancer, detected 28 of the 31 breast cancer patients, and gave only three false-positive results (detecting cancer in people who didn't have it).

Did you know?

To prove that stomach ulcers were caused by bacteria and not by stress, a researcher consumed an entire laboratory beaker full of bacterial culture. After this, he did indeed develop stomach ulcers, and won the Nobel Prize for his discovery.

Did you know?

Amoebae are the simplest type of protozoans, and are characterized by a feeding and dividing trophozoite stage that moves by temporary extensions called pseudopodia or false feet.

Did you know?

Adult head lice are gray, about ? inch long, and often have a tiny dot on their backs. A female can lay between 50 and 150 eggs within the several weeks that she is alive. They feed on human blood.

For a complete list of videos, visit our video library