Suppose That a Firm Spends $200,000 to Build a Factory

question 13

Multiple Choice

Suppose that a firm spends $200,000 to build a factory in 2012 that is expected to have a life of 10 years.As a result,GDP in 2012 will increase by:

• A)$20,000
• B)$200,000
• C)You need to know the selling price of the factory to answer this question.
• D)It depends upon the tax law regarding depreciation.

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Definitions:

American Cities

Urban areas within the United States, governed by local administrations and holding significant cultural, economic, and political importance.

Midwestern American Cities

Urban areas located in the Midwestern region of the United States, known for their diverse industries, cultural heritage, and historical significance.

Genus

In biology, a way to group together species that are closely related, showing the common attributes shared by the species within it.

Species

The fundamental element of biological categorization, identified as a collection of living entities made up of similar individuals who can exchange genes or mate with each other.