Title Value Gross Private Domestic Investment $3,134.201 billion Private Nonresidential Fixed Investment $2,658.026 billion Private Residential Fixed Investment $774.041 billion The difference between gross private domestic investment and fixed private investment represents inventory investment For the the second quarter of 2020 this amount was $ billion. (Enter your response rounded to one decimal place and be sure to use a minus sign if the magnitude is negative.)

ECON MACRO
5th Edition
ISBN:9781337000529
Author:William A. McEachern
Publisher:William A. McEachern
Chapter9: Aggregate Demand
Section: Chapter Questions
Problem 3.7P
Question
Title
Value
Gross Private Domestic Investment
$3,134.201 billion
$2,658.026 billion
$774.041 billion
Private Nonresidential Fixed Investment
Private Residential Fixed Investment
The difference between gross private domestic investment and fixed private investment represents inventory investment.
For the the second quarter of 2020 this amount was $ billion. (Enter your response rounded to one decimal place and be sure to use a minus sign if the magnitude
is negative.)
Transcribed Image Text:Title Value Gross Private Domestic Investment $3,134.201 billion $2,658.026 billion $774.041 billion Private Nonresidential Fixed Investment Private Residential Fixed Investment The difference between gross private domestic investment and fixed private investment represents inventory investment. For the the second quarter of 2020 this amount was $ billion. (Enter your response rounded to one decimal place and be sure to use a minus sign if the magnitude is negative.)
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