Which of the following is true in the United States, based on the experience of the past two decades (1990-2011)?

Question

Quizplus · Accepted Answer

Depreciation refers to the decrease in value of capital goods over time due to wear and tear, obsolescence, or other factors. Net private domestic investment is calculated by subtracting depreciation from gross private domestic investment. In the United States, depreciation has generally been greater than gross private domestic investment over the past two decades, leading to a negative net private domestic investment. This trend reflects the aging of the country's capital stock and the need for ongoing investment to maintain and upgrade infrastructure, equipment, and other productive assets.

Which of the Following Is True in the United States