Consider a Machine That Costs $50,has an Economic Life of One

question 36

Multiple Choice

Consider a machine that costs $50,has an economic life of one year,and produces output worth $63.The rate of return on capital is _____%.

• A)26
• B)13
• C)63
• D)50

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Definitions:

African Americans

A racial or ethnic group in the United States with ancestry from the black racial groups of Africa.

Asian Americans

Individuals in the United States with origins in the far eastern, Southeast Asian, or the Indian subcontinent.

Hispanic Americans

are individuals in the United States who have ancestries from Spanish-speaking countries in Latin America or Spain.

Racial Patterning

The organization or distribution of racial groups within a society, which can influence various socio-economic outcomes.