Gross private domestic investment exceeds depreciation in an economy experiencing expanding production capacity.

Question

Quizplus · Accepted Answer

When gross private domestic investment exceeds depreciation, it means that there is an increase in the capital stock of an economy. This indicates that the economy is able to produce more goods and services, indicating an expanding production capacity. Therefore, the statement is true.

Gross Private Domestic Investment Exceeds Depreciation in an Economy Experiencing