Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jun 30, 2024

The value of physical capital in the economy is $1 trillion at the end of 2020. In 2021, gross capital formation (investment) is $150 billion

The value of physical capital in the economy is $1 trillion at the end of 2020. In 2021, gross capital formation (investment) is $150 billion and depreciation is $50 billion.

What is the value of physical capital at the end of 2021?
Which of these three variables is a stock and which is a flow?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

International Political Economy

Authors: Thomas Oatley

6th Edition

1138490741, 9781138490741

More Books

Students also viewed these Economics questions

Question

★★★★★

A mass of 0.532 kg of molecular oxygen is contained in a cylinder at a pressure of 1.0 105 Pa and a temperature of 0.0 C. What volume does the gas occupy?

Answered: 1 week ago

Question

★★★★★

13. The allows the right and left hemispheres of the brain to communicate. a. pons b. medulla oblongata c. corpus callosum d. limbic system

Answered: 1 week ago

Question

★★★★★

For each of the tests in Exercise 7.42 compute a 95% confidence interval for the population proportion ????.

Answered: 1 week ago

Question

★★★★★

Janet, after years of working as a hairdresser and as a makeup artist, decided to go into business for herself. Over time the business has grown into a spa and beauty retreat and she now employs a...

Answered: 1 week ago

Question

★★★★★

Sara Yeller is the accountant for Crazy Hair, Inc., a local salon. After Sara finished preparing the financial staternents for the year, she realized that she failed to make an adjusting entry to...

Answered: 1 week ago

Question

★★★★★

On June 15, 2021, Sanderson Construction entered into a long-term construction contract to build a baseball stadium in Washington, D.C., for $360 million. The expected completion date is April 1,...

Answered: 1 week ago

Question

★★★★★

20. A charge of 10 nC is kept at the centre of a square of side 2 m. What would be the potential at the vertices of the square ABCD? Also, find the work done in moving a charge of 5 C from A to C.

Answered: 1 week ago

Question

★★★★★

22. A hollow cylindrical box of length 1 m and area of cross-section 25 cm is placed in a three dimensional co-ordinate system as shown in Fig. 3.63. The electric field in the region is given by...

Answered: 1 week ago

Question

★★★★★

23. Determine (VA - VB) potential difference from the following figure 3.64. (UP 2016) +9 A B -x- X Fig. 3.64

Answered: 1 week ago

Question

★★★★★

Bill has 30.00 more than Alan, but then Alan wins some money on lotto and trebles his money, which means that henow has 20 more than the original amount of money thatthe two men had between them. How...

Answered: 1 week ago

Question

★★★★★

Calculate the warrant premium with the information given below. Warrant price - $50 Exercise price - $120 Current share price - $125 Select an option Clear Response $45 $55 $25 $75

Answered: 1 week ago

Question

★★★★★

3. Find examples from your everyday life of people or situations that fit the Ithaca Syndrome.

Answered: 1 week ago

Question

★★★★★

1. Discuss the following: a) If you want stability, you should focus on change. b) What happens when an effect becomes a cause? c) If you do the opposite of what is expected, the reaction is changed....

Answered: 1 week ago

Question

★★★★★

2. In this chapter, the reader should reflect on the following concepts: Systemic, positive feedback loop, negative feedback loop, negative feed-back loop dominance, positive feedback loop dominance,...

Answered: 1 week ago

Previous Question Next Question