Question
In the Netherlands, the level of inventory was $78 billion on January 1, 1993. $50 billion was spent on new plant and equipment during the
In the Netherlands, the level of inventory was $78 billion on January 1, 1993. $50 billion was spent on new plant and equipment during the year, $30 billion was spent on new residential housing, depreciation was $15 billion, and on December 31, 1993, the level of inventory was $75 billion.
How much was net investment in 1993?
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Economics
Authors: Roger A. Arnold
12th edition
978-1305758674, 1305758676, 978-1285738321
