Chapter6: Tracking The U.s. Economy
Section: Chapter Questions
Problem 1.3P
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Given the following data, answer questions a through c.
|
Billions of dollars |
New Residential Construction |
$500 |
Purchase of existing homes |
$250 |
Sales value of newly issued stocks and bonds |
$600 |
New physical capital |
$700 |
|
$200 |
New Intellectual property |
$100 |
Household purchases of new furniture |
$50 |
Net change in firms’ inventories |
$100 |
Production of new intermediate goods |
$700 |
- What is the value gross private domestic investment?
Answer:
- What is the value of net investment?
- Are any intermediate goods counted in gross investment?
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