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200,000$ worth of capital g… Show more Suppose a country p

200,000$ worth of capital g… Show more Suppose a country produces 1 million dollars worth of consumer goods and 200,000$ worth of capital goods in 1990. It’s total capital stock is worth 10 $million dollars and 5% of this depreciates each year. It’s capital stock in 1991 is A 9,700,000 B 10,000,000 C 9,500,000 D 10,200,000 I knew that answer is A. But I want to know how to solve it? • Show less


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