Calculate U.S. net investment and gross investment during 2018. The Bureau of Economic Analysis reported that the

Question:

Calculate U.S. net investment and gross investment during 2018.

The Bureau of Economic Analysis reported that the U.S. capital stock was $64.8 trillion at the end of 2017, $68.2 trillion at the end of 2018, and $70.7 trillion at the end of 2019. Depreciation in 2018 was $3.3 trillion, and gross investment during 2019 was $3.8 trillion.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Economics

ISBN: 9781292433639

14th Global Edition

Authors: Michael Parkin

Question Posted: