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 that year.
C) the production of 1933's GDP used up more capital goods than were produced that year.
D) the economy produced no capital goods at all in 1933.
Correct Answer:
Verified
Correct Answer:
Verified
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