Calculate net investment and gross investment during 2011. An economys capital stock was $46.3 billion at the
Question:
Calculate net investment and gross investment during 2011.
An economy’s capital stock was $46.3 billion at the end of 2010, $46.6 billion at the end of 2011, and $47.0 billion at the end of 2012. Depreciation in 2011 was $2.4 billion, and gross investment during 2012 was $2.8 billion (all in 2007 dollars).
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 75% (16 reviews)
Calculation a Net investment Gross investmen...View the full answer
Answered By
James Warinda
Hi! I’m James Otieno and I'm an experienced professional online tutor with countless hours of success in tutoring many subjects in different disciplines. Specifically, I have handled general management and general business as a tutor in Chegg, Help in Homework and Trans tutor accounts.
I believe that my experience has made me the perfect tutor for students of all ages, so I'm confident I can help you too with finding the solution to your problems. In addition, my approach is compatible with most educational methods and philosophies which means it will be easy for you to find a way in which we can work on things together. In addition, my long experience in the educational field has allowed me to develop a unique approach that is both productive and enjoyable.
I have tutored in course hero for quite some time and was among the top tutors awarded having high helpful rates and reviews. In addition, I have also been lucky enough to be nominated a finalist for the 2nd annual course hero award and the best tutor of the month in may 2022.
I will make sure that any student of yours will have an amazing time at learning with me, because I really care about helping people achieve their goals so if you don't have any worries or concerns whatsoever you should place your trust on me and let me help you get every single thing that you're looking for and more.
In my experience, I have observed that students tend to reach their potential in academics very easily when they are tutored by someone who is extremely dedicated to their academic career not just as a businessman but as a human being in general.
I have successfully tutored many students from different grades and from all sorts of backgrounds, so I'm confident I can help anyone find the solution to their problems and achieve
0.00
0 Reviews
10+ Question Solved
Related Book For
Microeconomics Canada In The Global Environment
ISBN: 9780321931184
9th Edition
Authors: Robin Bade, Michael Parkin
Question Posted:
Students also viewed these Business questions
-
Calculate Canadian net investment and gross investment during 2009. Statistics Canada reported that the capital stock was $6,113 billion at the end of 2008, $6,266 billion at the end of 2009, and...
-
At the end of 2010 the Ritter Company prepared a trial balance, recorded and posted its adjusting entries, and then prepared an adjusted trial balance. Selected accounts and account balances from the...
-
The inventory on hand at the end of 2010 for the Reddall Company is valued at a cost of $87,450. The following items were not included in this inventory: 1. Purchased goods in transit, under terms...
-
Density is not routinely measured in the atmosphere. Why is this not a problem for atmospheric scientists?
-
What are the eight steps involved in the process of establishing teams?
-
Many costs are associated with owning a car. Assuming that miles driven is the volume activity, classify each of the following costs associated with car ownership as mainly variable or fixed. a....
-
Consider the game Nim with heaps of tokens. The players alternately remove some tokens from one of the heaps. The player to remove the last token wins. Try to prove part (a) without reference to the...
-
Jacobs Manufacturing produces a popular custom accessory for pickup trucks at plants in Huntington, West Virginia and Bakersfield, California, and ships them to distributors in Dallas, Texas;...
-
Group-Case Study-for Revenue Receipt budget and Direct MaterialBudgetCNH Radiology centre provides services for X-Ray procedures onper patient basis, $100 per patient.According to the forecast, it 2...
-
Sunburst sells a snowboard, Xpert, that is popular with snowboard enthusiasts. Below is information relating to Sunburst's purchases of Xpert snowboards during September. During the same month, 116...
-
What is the crowding-out effect and how does it work?
-
How does a government budget surplus or deficit influence the loanable funds market?
-
Quebec Pulp and Paper (QPP) has plant and equipment that has been evaluated for impairment periodically in response to changing conditions of die industry. The plant and equipment together form a...
-
You are evaluating the balance sheet for Goodman's Bees Corporation. From the balance sheet you find the following balances: cash and marketable securities $700,000, accounts receivable $1,400,000,...
-
Merry time bakery sells a variety of delicacies. Merry time bakery has built up a loyal customer base because of the quality and variety it delivers and the customer service it provides. In a typical...
-
Olguin Corporation produces a single product and has the following cost structure: Olguin produced 12,000 units during the year and sold 8,000 of these units. There was no beginning inventory. The...
-
Chorio's has computed its Year 2 predictions and has settled on a predetermined overhead application rate of $121.38 per DLH. At the end of this period, actual manufacturing overhead cost for the...
-
Riley Surf Boards is expanding so they are considering building a new factory. John Smith, the company's marketing manager, fully supports building the new factory. Mary Reynolds, the company's chief...
-
In Problem 40 Ben Cheery, the Sox general manager, also wants to use a scoring model to determine which player(s) he might sign to a free agent contract for the coming baseball season. The following...
-
Write a paper about medication error system 2016.
-
What quantity of spraying would a private mosquito control program provide? What is the efficient quantity of spraying? In a single-issue election on the quantity of spraying, what quantity would the...
-
a. What is the quantity of tuna that fishers catch and the price of tuna? Is the tuna stock being used efficiently? Explain why or why not. b. What would be the price of tuna, if the stock of tuna is...
-
a. What is the quantity of tuna that fishers catch and the price of tuna? Is the tuna stock being used efficiently? Explain why or why not. b. What would be the price of tuna, if the stock of tuna is...
-
Jacarda Company makes a composting bin that is subject to wide seasonal variations in demand. Unit product costs are computed on a quarterly basis by dividing each quarter's manufacturing costs...
-
B Co. uses a job order costing system for client contracts. A customer recently ordered 30,000 units and the job was assigned Job777. Information for Job 777 revealed the following: Direct...
-
! Required information [The following information applies to the questions displayed below.] Hudson Company reports the following contribution margin income statement. HUDSON COMPANY Contribution...
Study smarter with the SolutionInn App