Depreciation Is All of the Following, Except

question 131

Multiple Choice

Depreciation is all of the following, except

• A)the difference between GDP and NDP.
• B)the difference between gross investment and net investment.
• C)the accumulation of capital stock.
• D)the consumption of fixed capital.

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Definitions:

Total Fertility Rate

The total number of offspring a woman is predicted to give birth to during her lifetime, based on existing age-related fertility trends.

Replacement Rate

The percentage of a worker's pre-retirement income that is paid out by a pension program upon retirement.

Market Price

The market rate at which an asset or service is currently available for buying or selling.