Calculate Canadian depreciation and net investment during 2010. Statistics Canada reported that the capital stock was $6,113
Question:
Statistics Canada reported that the capital stock was $6,113 billion at the end of 2008, $6,266 billion at the end of 2009, and $6,510 billion at the end of 2010. Depreciation in 2009 was $166 billion, and gross investment during 2010 was $361 billion.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 80% (15 reviews)
Net investment equals the change in the capital stock I...View the full answer
Answered By
Arun kumar
made more than four thousand assignments
5.00+
3+ Reviews
10+ Question Solved
Related Book For
Macroeconomics Canada in the Global Environment
ISBN: 978-0321778109
8th edition
Authors: Michael Parkin, Robin Bade
Question Posted:
Students also viewed these Economics questions
-
Annie runs a fitness center. On December 31, 2011, she bought an existing business with exercise equipment and a building worth $300,000. During 2012, business improved and she bought some new...
-
Calculate U.S. depreciation and net investment during 2014. The Bureau of Economic Analysis reported that the U.S. capital stock was $49.6 trillion at the end of 2012, $51.2 trillion at the end of...
-
On January 1, 2016, Terrys Towing Service owned 4 tow trucks valued at $300,000. During 2016, Terrys bought 2 new trucks for a total of $180,000. At the end of 2016, the market value of all of the...
-
Sound waves with frequency 3000 Hz and speed 343 m/s diffract through the rectangular opening of a speaker cabinet and into a large auditorium of length d = 100 m. The opening, which has a horizontal...
-
Suppose Sallys Restaurant is considering whether to bake bread for its restaurant in-house or buy the bread from a local bakery. The chef estimates that variable costs of making each loaf include...
-
A portfolio manager buys a swaption with a strike rate of 4.5% that entitles the portfolio manager to enter into an interest-rate swap to pay a fixed-rate and receives a floating rate. The term of...
-
19.17 Basing transfer prices on full absorption costs can really screw up decision making in a company! Explain this remark by a manufacturing vice president, and construct a simple numerical example...
-
An electronic device dissipating 30 W has a mass of 20 g and a specific heat of 850 J/kg C. The device is lightly used, and it is on for 5 min and then off for several hours, during which it cools...
-
Ana borrowed $1925 from Sandy on March 18, 2019 and agreed to pay it back with simple interest at the rate of 11.5% on September 3, 2019. How much interest did she owe on the due date?
-
You are buying a new car for $30,000 plus 5% taxes for a total cost of $31,500. You can pay cash for the entire amount by writing a check from your money market deposit account at the bank that...
-
Calculate Canadian net investment and gross investment during 2009. Statistics Canada reported that the capital stock was $6,113 billion at the end of 2008, $6,266 billion at the end of 2009, and...
-
Karrie is a golf pro, and after she paid taxes, her income from golf and interest from financial assets was $1,500,000 in 2012. At the beginning of 2012, she owned $900,000 worth of financial assets....
-
Explain how a sinking fund works.
-
Tristan Walker of Walker & Company says, "We are only going to design, develop, and test products and services uniquely tailored to our community's needs. I get it. I'm a part of the community we are...
-
Ace Cosmetics Corporation purchased land adjacent to its plant to improve access for trucks making deliveries. Expenditures incurred in purchasing the land were as follows: purchase price, $55,000;...
-
7. At this point you now know information about both the horizontal and the vertical components of the projectile's velocity. In the space below, draw a diagram of the vector components of Vx and...
-
Complete autonomy in how you demonstrate the following criteria. In this module, we talked more about leadership. We discussed the differences between leadership theory which is a well-substantiated...
-
Accustart Ltd. acquired 38% of the common shares of Lecce Ltd. on January 1, 2024, by paying $5.76 million for 144,000 shares. Lecce declared a cash dividend of $0.60 per share in each quarter that...
-
Consider the airline network with capacities as shown in Figure 8.9. The price and demand data are shown in Table 8.5. a. Formulate and solve the primal LP problem. How should the capacity be...
-
Design a circuit which negative the content of any register and store it in the same register.
-
What kind of role does the project manager havean expeditor, coordinator, pure project, or matrix manager? Explain. What is his or her title
-
How does fiscal expansion affect the current account under a fixed exchange rate?
-
Explain why temporary and permanent fiscal expansions do not have different effects under fixed exchange rates, as they do under floating exchange rates.
-
Devaluation is often used by countries to improve their current accounts. Since the current account equals national saving less domestic investment, however (see Chapter 13), this improvement can...
-
ajax county collects property taxes for the cities within the county, Ajax county collected 1000 from citizens in Beatty city that belong to Beatty city what would be the appropriate entries for ajax...
-
Assume that gasoline costs $ 3 . 2 0 per gallon and you plan to keep either car for six years. How many miles per year would you need to drive to make the decision to buy the hybrid worthwhile,...
-
On January 1 , 2 0 2 4 , Pine Company owns 4 0 percent ( 1 2 0 , 0 0 0 shares ) of Seacrest, Incorporated, which it purchased several years ago for $ 6 7 8 , 0 0 0 . Since the date of acquisition,...
Study smarter with the SolutionInn App