Examlex
If for a given year gross investment is $300 billion and depreciation is $75 billion,then,for that year,the capital stock ________ and net investment was ________.
Price Elasticity
An index showing the degree to which demand for an item adjusts in response to its price changes.
Midpoint Method
A technique used in economics to measure the elasticity of a variable by averaging the starting and ending points.
Price Elasticity
A measure indicating how much the quantity demanded of a good or service changes in response to a change in its price.
Midpoint Method
A technique used in economics to calculate the elasticity of a variable, using the average of initial and final values as reference points.
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