The total amount of capital invested in factories,stores,office buildings,and the like is summarized by:
A)gross fixed capital formation.
B)total investment capital.
C)total tangible investment.
D)gross depreciable investments.

Question

Quizplus · Accepted Answer

Gross fixed capital formation is the total amount of capital invested in fixed assets such as factories, stores, office buildings, and machinery. It does not include inventory or financial assets. Therefore, option A is the best answer.

The Total Amount of Capital Invested in Factories,stores,office Buildings,and the Like