In 2007, Franceʹs GDP Totalled $1

Multiple Choice

In 2007, Franceʹs GDP totalled $1.9 trillion and in 2006 GDP was $1.8 trillion. The total amount spent on new capital in 2007 was $357 billion and in 2006 was $335 billion. Suppose that depreciation is 12 percent of GDP. investment in 2006 was billion.

A) Gross; $216
B) Gross; $357
C) Gross; $335
D) Net; $216