Which of the following is included in gross private domestic investment?
I. Macy's purchase of new computerized cash registers
II. repairs to and replacements to the carpeting at Macy's
III. your purchase of a new queen-sized mattress from Macy's
IV. changes in Macy's business inventories

Question

Quizplus · Accepted Answer

Gross private domestic investment includes purchases of new capital goods, such as the computerized cash registers (I), as well as repairs and replacements to existing capital goods, such as the carpeting (II). Changes in business inventories (IV) also count towards gross private domestic investment. The purchase of a new mattress (III) by an individual does not count towards gross private domestic investment.

Which of the Following Is Included in Gross Private Domestic