Gross private domestic investment in the United States consists of three components:

Question

Quizplus · Accepted Answer

Gross private domestic investment in the United States is the sum of the following three components: 1) fixed investment in plant, equipment, and software, which includes spending on new machinery, tools, and software by businesses 2) residential investment in houses, including spending on new construction or alterations to existing homes and 3) changes in business inventories, which includes changes in the amount of goods that businesses produce but do not sell in a given period. Therefore, option C - plant, equipment & software, houses, and inventories - is the correct answer.

Gross Private Domestic Investment in the United States Consists of Three