The concept of net domestic investment refers to ________.
A. the difference between the market value and book value of outstanding capital stock
B. the amount of machinery and equipment used up in producing the GDP in a specific year
C. gross domestic investment less net exports
D. total investment less the amount of investment goods used up in producing the year's output
Answer: D
You might also like to view...
Which of the following is a list of fixed inputs for a hospital?
A) bandages, casts, and other materials B) antibiotics, pain medication, and other prescription drugs C) the emergency room, intensive care unit, and other facilities D) the nurses, receptionists, and other employees E) the lobby, the doctors, and the electricity it uses
The aggregate demand curve shows the ________ relationship between the price level and ________
A) positive; the quantity of real GDP demanded B) negative; aggregate labor demanded C) positive; aggregate labor demand D) negative; the quantity of real GDP demanded
The effect of an increase in the price of gasoline on the demand for sport utility vehicles would be shown by a:
A. rightward shift of the demand curve for sport utility vehicles. B. leftward shift of the demand curve for sport utility vehicles. C. movement up and to the left along the demand curve for sport utility vehicles. D. movement down and to the right along the demand curve for sport utility vehicles.
Union membership in the United States has fallen compared to what it was in the 1950s.
Answer the following statement true (T) or false (F)