A nation's capital stock will decline, ceteris paribus, if:
A. The value of depreciation exceeds the growth in the value of real GDP.
B. Net investment is negative.
C. Depreciation exceeds gross investment.
D. All of the above.
Answer:D
A nation's capital stock will decline, ceteris paribus, if:
A. The value of depreciation exceeds the growth in the value of real GDP. B. Net investment is negative. C. Depreciation exceeds gross investment. D. All of the above.