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4.1.4 adjustment of measures from gross values to net values

Card 1 of 20

What does depreciation mean in the national income context?

A

Depreciation is the fall in capital stock value as capital wears out or becomes obsolete.

B

Investment is the fall in capital stock value as capital wears out or becomes obsolete.

C

Capital formation is the fall in capital stock value as capital wears out or becomes obsolete.

D

Appreciation is the fall in capital stock value as capital wears out or becomes obsolete.

Card 1 of 20

4.1.4 adjustment of measures from gross values to net values Flashcards

  1. Intl A Level
  2. /Economics
  3. /4.1.4 adjustment of measures from gross values to net values

20 flashcards on CIE Intl A Level Economics 4.1.4 adjustment of measures from gross values to net values: the key terms and definitions you need to recall.