How do the following impact the capital stock? Be sure to identify depreciation and investment flows. Explain.
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How do the following impact the capital stock? Be sure to identify depreciation and investment flows. Explain.
a. A consultant drops her laptop on the way to a big meeting and her IT department buys a replacement the next day.
b. The New York Times decommissions an older printing press instead of repairing it due to a decrease in print subscriptions.
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