Author Question: Depreciation is: a. income earned but not received. b. an allowance for the replacement of capital. ... (Read 65 times)

tingc95 · **on:** Jun 30, 2018

Depreciation is:
a. income earned but not received.
b. an allowance for the replacement of capital.
c. income received but not earned.
d. an indirect business tax.

Question 2

All of the following would cause exports to decline, except:
a. a depreciation of the domestic currency.
b. a decline in foreign income.
c. stricter government regulations on international trade.
d. a decline in foreign preferences for domestic goods.
e. foreign import quotas on domestic products.