If in the third quarter of 2016 total investment spending was $4,768 billion and depreciation was $3,292 billion, then the amount counted in GDP, which is known as gross investment, would be
A) $1,476 billion.
B) $3,292 billion.
C) $4,768 billion.
D) $8,060 billion.
Correct Answer:
Verified
Q41: The majority of spending in the category
Q43: Net investment is
A) what is left over
Q47: Social Security payments are examples of
A) nondurable
Q49: For the purposes of GDP accounting, government
Q49: Intermediate goods are not counted as part
Q50: For the purposes of GDP accounting, government
Q52: A "trade deficit" occurs when
A) we sell
Q57: When considering imports and exports, economists include
Q58: The GDP equation is
A) Y = C
Q59: Exports _ GDP and imports _ GDP.
A)
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