Macroeconomics 11th Edition by Michael Parkin

Exercise 2

Financial Institutions and Financial Markets
Use the following information to work Problem.
The Bureau of Economic Analysis reported that the U.S. capital stock was $40.4 trillion at the end of 2007, $41.1 trillion at the end of 2008, and $41.4 trillion at the end of 2009. Depreciation in 2008 was $1.3 trillion, and gross investment during 2009 was $1.5 trillion (all in 2005 dollars).
Calculate U.S. depreciation and net investment during 2009.