For Any Given Year, the Capital Stock Can Be Considered

question 14

Multiple Choice

For any given year, the capital stock can be considered to be exogenously determined because

• A) usually gross investment just matches depreciation, so that the capital stock is fixed.
• B) investment projects, even in excess of depreciation, generally take more than 12 months to install.
• C) accounting conventions subtract depreciation of the capital stock from gross investment in their computation of net investment for the year.
• D) interest rates, the price of capital, hardly ever move significantly over the course of any 12-month period.
• E) all of the above.

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Definitions:

U.S. Military

The armed forces of the United States of America, which include the Army, Navy, Marine Corps, Air Force, and Coast Guard.

Spinal Misalignments

Refers to incorrect positioning of the vertebral bones, which can lead to various physical disorders.

Health Problems

Conditions or diseases that disrupt normal body functions, leading to a state of ill-health.

Chiropractic Treatment

A form of alternative medicine focused on the diagnosis and manipulative treatment of misalignments of the joints, especially those of the spinal column.