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In 1933, Net Private Domestic Investment Was a Minus $6

Question 31

Multiple Choice

In 1933, net private domestic investment was a minus $6.0 billion.This means that


A) gross private domestic investment exceeded depreciation by $6.0 billion.
B) the economy was expanding in that year.
C) the production of 1933's GDP used up more capital goods than were produced in that year.
D) the economy produced no capital goods at all in 1933.

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