Gross investment is
A. GDP minus depreciation.
B. GDP minus GNP.
C. net investment divided by depreciation.
D. the total value of all capital goods newly produced in a given period.
Answer: D
Economics
You might also like to view...
An import quota on sugar
A) increases the imports of sugar and lowers its price. B) increases the imports of sugar and raises its price. C) increases the demand for sugar and raises its price. D) decreases the imports of sugar and raises its price.
Economics
People make mistakes in allocating their time
a. only when leisure time is an inferior good b. because expectations are not always fulfilled c. more often when the cost of making a mistake is high d. only when economists remove the assumption that individuals are rational e. because information is free and readily available
Economics