ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN: 9780190931919
Author: NEWNAN
Publisher: Oxford University Press
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Q23

23
A small economy starts the year with $1 million in capital. During the course of the year, gross investment is $150,000 and depreciation
is $50,000.
How big is the economy's stock of capital at the end of the year v (Click to select)
$1,150,000
$850,000
$800,000
$1,000,000
$1,100,000
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Transcribed Image Text:23 A small economy starts the year with $1 million in capital. During the course of the year, gross investment is $150,000 and depreciation is $50,000. How big is the economy's stock of capital at the end of the year v (Click to select) $1,150,000 $850,000 $800,000 $1,000,000 $1,100,000
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