Asked by Tatiana Magno on Jun 28, 2024
Verified
All of the following are true except
A) gross investment minus depreciation equals net investment.
B) Karl Marx said that capital is produced by the capitalist.
C) inventory investment is less stable than investment in plant and equipment.
D) capital can be acquired by borrowing,working more or consuming less.
Gross Investment
The total amount of money spent on new capital assets, not accounting for depreciation, indicating the aggregate investment in an economy.
Net Investment
The aggregate expenditure of a business or economy on capital assets, after subtracting depreciation.
Karl Marx
A 19th-century philosopher, economist, and political theorist known for his critiques of capitalism and his development of the theory of communism.
- Absorb the idea of investment in terms of economics, with an emphasis on understanding net and gross investment.
Verified Answer
ZK
Zybrea KnightJul 03, 2024
Final Answer :
B
Explanation :
Karl Marx did not believe that capital is produced by the capitalist. Instead, he argued that capital is created through the exploitation of labor by the capitalist.
Learning Objectives
- Absorb the idea of investment in terms of economics, with an emphasis on understanding net and gross investment.