(Table) According to the Table, Which Country Is Likely to Have

question 156

Multiple Choice

(Table) According to the table, which country is likely to have the lowest returns to investment in capital? $$\begin{array} { | l | l | l | l | l | } \hline & \text { Econia } & \text { Macroland } & \text { Nomica } & \text { Croland } \\\hline \text { Labor force } & 100,000 & 150,000 & 200,000 & 200,000 \\\hline \text { Value of capital stock, year 1 } & \$ 800,000 & \$ 2,000,000 & \$ 2,500,000 & \$ 3,000,000 \\\hline \text { Value of capital stock, year 2 } & \$ 1,500,000 & \$ 2,750,000 & \$ 3,000,000 & \$ 3,400,000 \\\hline\end{array}$$

• A) Econia
• B) Macroland
• C) Nomica
• D) Croland

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Definitions:

Operate Phase

A stage or process in which systems, procedures, or principles are applied or enacted.

Delay Gratification

The ability to resist the temptation for an immediate reward and wait for a later, often larger or more satisfying, reward.

Immediate Sacrifices

Refers to foregoing short-term pleasures or benefits in favor of long-term goals or rewards.

Self-Defeating Behavior

Any action by which people bring failure, suffering, or misfortune on themselves.