Business
Business, 16.04.2020 20:54, mahogany1956

Earning the nominal return: Suppose the inflation rate is 5%. Suppose the marginal product of capital in a firm is 8% but that in the course of production, 6% of capital is worn out by depreciation. What is the nominal return associated with an investment in capital, and why

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Earning the nominal return: Suppose the inflation rate is 5%. Suppose the marginal product of capita...

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