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  • Slowdonia's current growth rate of real GDP per person is 2 percent a year. How long will it take to double real GDP per person? #581
  • The capital stock increases whenever #582
  • If the economy's capital stock increases over time #583
  • If the economy's capital stock decreases over time #584
  • In January 2015, Tim's Gyms, Inc. owned machines valued at $1 million. During the year, the market value of the equipment fell by 30 percent. During 2015, Tim spent $200,000 on new machines. During 2015, Tim's net investment totaled #585
  • The Acme Stereo Company had a capital stock of $24 million at the beginning of the year. At the end of the year, the firm had a capital stock of $20 million. Thus its #586
  • At the beginning of the year, Tom's Tubes had a capital stock of 5 tube inflating Machines. During the year, Tom scrapped 2 old machines and purchased 3 new machines. Tom's net investment for the year totaled… #587
  • At the beginning of the year, Tom's Tubes had a capital stock of 5 tube inflating machines. During the year, Tom scrapped 2 old machines and purchased 3 new machines. Tom's gross investment for the year totaled #588
  • At the beginning of the year, Tom's Tubes had a capital stock of 5 tube inflating machines. During the year, Tom scrapped 2 old machines and purchased 3 new machines. Tom's capital stock at the end of year equals #589
  • Which of the following is FALSE about saving? #590
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