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1. Why is it that a net increase in the capital stock means investment is greater than depreciation. Cite an example. 2. How can capital
1. Why is it that a net increase in the capital stock means investment is greater than depreciation. Cite an example. 2. How can capital durability eventually decrease the level of investment? 3. What is the most important determinant of investment? Why it is important? 4. "To maintain output is to maintain investment". Why and discuss
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The Chinese Economy Transitions And Growth
Authors: Barry Naughton
1st Edition
0262640643, 9780262640640
