Gross private domestic investment measures a nation's output of goods and services for a specified period of time.

Question

Quizplus · Accepted Answer

Gross private domestic investment measures the amount of money spent by businesses and individuals on capital goods, such as machinery, buildings, and equipment, that are used to produce other goods and services. It does not directly measure a nation's output of goods and services.

Gross Private Domestic Investment Measures a Nation's Output of Goods