Description of this paper

Use the concepts of gross and net investment to distinguish

Description

solution


Question

Use the concepts of gross and net investment to distinguish between an economy that has a rising stock of capital and one that has a falling stock of capital. ?In 1933 net private domestic investment was minus $6 billion. This means that in that particular year the economy produced no capital goods at all.? Do you agree? Why or why not? Explain: ?Though net investment can be positive, negative, or zero, it is quite impossible for gross investment to be less than zero.?

 

Paper#22917 | Written in 18-Jul-2015

Price : $22
SiteLock