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Economics (MindTap Course List)

13th Edition
Roger A. Arnold
ISBN: 9781337617383

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BuyFindarrow_forward

Economics (MindTap Course List)

13th Edition
Roger A. Arnold
ISBN: 9781337617383
Textbook Problem

Inventory investment is $62 billion and total investment is $1.122 trillion. What does fixed investment equal?

To determine

Estimate the fixed investment.

Explanation

The value of inventory investment is $62 billion, and the total investment is $1.122 trillion, then the fixed investment can be calculated using the following formula:

Total investment=Fixed investment+Inventory investment        (1)

Substitute the respective values in Equation (1) to calculate the value of fixed investment.

1

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