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Which statement is true? A.The expected rate of profit is very high during depressions. B.The best environment for most investment projects is a high rate
Which statement is true?
A.The expected rate of profit is very high during depressions.
B.The best environment for most investment projects is a high rate of interest and a low marginal efficiency of capital.
C.The higher the marginal efficiency of capital, the more likely an investment project will be carried out.
D.None of these statements are true.
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