Gross private domestic investment is all purchases of newly- produced business capital goods and buildings
A) plus the change in business inventories plus residential construction.
B) minus the change in business inventories.
C) plus purchases of capital goods produced in previous years to replace any depreciated capital goods.
D) plus fixed investment minus inventory investment.
Correct Answer:
Verified
Q64: Business cycles are
A)unpredictable, but always have two
Q65: The circular flow diagram shows
A)the effects of
Q66: Real GDP is
A)an increase in the average
Q67: In any year, real GDP
A)always equals potential
Q68: Net exports of goods and services equal
Q70: Gross domestic product is a measure of
Q71: The business cycle refers to
A)changes in the
Q72: Potential GDP is
A)always different from real GDP.
B)another
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents