In 2007, France's GDP totalled $1.9 trillion and in 2006 GDP was $1.8 trillion. The total amount spent on new capital in each year was $357 billion (2007) and $335 billion (2006) . Suppose that depreciation is 12 percent of GDP. _ _ investment in 2006 was _ billion.
A) Gross; $216
B) Gross; $357
C) Net; $216
D) Gross; $335
Correct Answer:
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