Which of the following statements is most correct?
A)Capital formation was $1.6 trillion in 2009 up from $2.2 billion for 2006 largely due to the steep rise in home prices; in addition, the change in private inventories for 2009 was -$125 billion reflecting the severity of the financial crisis of 2007-09.
B)Capital formation was $1.6 billion in 2009 down from $2.2 trillion for 2006 largely due to the steep decline in home prices; in addition, the change in private inventories for 2009 was +$125 billion reflecting the severity of the financial crisis of 2007-09.
C)Capital formation was $1.6 trillion in 2009 up from $2.2 trillion for 1993 largely due to the steep decline in home prices; in addition, the change in private inventories for 2009 was -$125 thousand reflecting the severity of the financial crisis of 2007-09.
D)Capital formation was $1.6 million in 2009 down from $2.2 million for 2006 largely due to the steep decline in home prices; in addition, the change in private inventories for 2009 was -$125 million reflecting the severity of the financial crisis of 2007-09.
E)none of the above.

Question

Quizplus · Accepted Answer

The figures and context provided in the statements do not accurately reflect the economic conditions and data related to capital formation and inventory changes during the financial crisis of 2007-09.

Which of the Following Statements Is Most Correct