Question
Given the following data, answer questions a through c. -Billions of Dollars New Residential Construction $500 Purchases of Existing Homes $250 Sales value ofnewly issued
Given the following data, answer questions a through c.
-Billions of Dollars
New Residential Construction $500
Purchases of Existing Homes $250
Sales value ofnewly issued stocksand bonds $600
New Physical Capital $800
Depreciation $200
Household purchases of new furniture $50
Net change in firms' inventory 100$
Production of new intermediate goods $700
a.What is the value of 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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An Inquiry Into The Nature And Causes Of The Wealth Of Nations
Authors: Adam Smith, R H Campbell
1st Edition
0865970068, 9780865970069
