Foundations of Economics (8th Edition)
Foundations of Economics (8th Edition)
8th Edition
ISBN: 9780134486819
Author: Robin Bade, Michael Parkin
Publisher: PEARSON
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Chapter 26, Problem 2SPPA
To determine

To calculate:

The net and gross investment during 2013 of the U.S.

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The Bureau of Economic Analysis reported that the U.S. capital stock was $44.1 trillion at the end of 2009, $45.0 trillion at the end of 2010, and $46.4 trillion at the end of 2012. Depreciation in 2010 was $2.4 trillion, and gross investment during 2012 was $2.9 trillion. Calculate U.S. net investment and gross investment during 2010. >>> Answer to 1 decimal place. U.S. net investment during 2010 was $0.9 trillion. U.S. gross investment during 2010 was $0.5 trillion. Next
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