Question
Given the following data, answer questions a through c. Billions of dollars New ResidentialConstruction $500 Purchase of existing homes $250 Sales value of newly issued
Given the following data, answer questions a through c.
Billions of dollars
New ResidentialConstruction
$500
Purchase of existing homes
$250
Sales value of newly issued stocks and bonds
$600
New physical capital
$700
Depreciation
$200
New Intellectual property
$100
Household purchases ofnew furniture
$50
Net change in firms' inventories
$100
Production of new intermediate goods
$700
a. What is the value gross private domestic investment?
b. What is the value of net investment?
c. Are any intermediate goods counted in gross investment?
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The Economic Development Of Latin America Since Independence
Authors: Luis Bértola, Luis Bértola
1st Edition
0191638242, 9780191638244
