In: Economics
The Banana Republic’s stock of capital at the end of 2015 was $200 billions. The Republic’s investment during the year 2016 was $ 40 billions. The depreciation rate in the Republic was 10%.
1. Depreciation of the capital during the year 2016 was _______
2. The net investment during the 2016 in the Republic was _______
3. The stock of capital at the end of 2016 was _________
Explanation:-
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