The Bureau of Economic Analysis reported that the U.S. capital stock was $31.4 trillion at the end of 2006, $32.2 trillion at the end of 2007, and $32.7 trillion at the end of 2008. Depreciation in 2007 was $1.4 trillion, and gross investment during 2008 was $2.0 trillion. Calculate U.S. net investment and gross investment during 2007. >>> Answer to 1 decimal place. U.S. net investment during 2007 was $ trillion. U.S. gross investment during 2007 was $ trillion.

The Bureau of Economic Analysis reported that the U.S. capital stock was $31.4 trillion at the end of 2006, $32.2 trillion at the end of 2007, and $32.7 trillion at the end of 2008. Depreciation in 2007 was $1.4 trillion, and gross investment during 2008 was $2.0 trillion. Calculate U.S. net investment and gross investment during 2007. >>> Answer to 1 decimal place. U.S. net investment during 2007 was $ trillion. U.S. gross investment during 2007 was $ trillion.

Economics For Today

10th Edition

ISBN:9781337613040

Author:Tucker

Publisher:Tucker

Chapter19: The Keynesian Model In Action

Section: Chapter Questions

Problem 3SQ

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