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Private Investment Is Equal to the Net Addition to the Capital

question 1

Multiple Choice

Private investment is equal to the net addition to the capital stock ________ the depreciation of that capital stock.


Definitions:

Direct Democracy

A form of democracy in which people directly decide on policy initiatives without intermediary representatives or officials.

Fort Sumter

A federal fort in Charleston Harbor, South Carolina, notable for the first shots of the American Civil War being fired there in 1861.

Charleston Harbor

a notable body of water located in South Carolina, known historically for its strategic importance during both the American Revolution and the Civil War.

Civil War

A conflict between citizens of the same country.

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