Question
22.A country has capital per worker of 100 units, and a depreciation rate of .20. If investment per worker over the year is 20 units,
22.A country has capital per worker of 100 units, and a depreciation rate of .20. If investment per worker over the year is 20 units, then over the year, capital per worker will
a.decrease by 20 units.
b.increase by 20 units
c.increase by 10 units.
d.remains unchanged.
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Capital In The Twenty-First Century
Authors: Thomas Piketty, Arthur Goldhammer
1st Edition
067443000X, 9780674430006
