The total amount of spending on nonresidential structures,equipment,software,residential structures,and business inventories in a given period of time is called:

Question

Quizplus · Accepted Answer

Gross private domestic investment includes spending on nonresidential structures, equipment, software, residential structures, and business inventories. Net exports refer to the difference between exports and imports, government consumption and investment are separate categories that include government spending on goods and services and infrastructure and defense, and personal consumption refers to the total amount spent by individuals on goods and services.

The Total Amount of Spending on Nonresidential Structures,equipment,software,residential Structures,and Business