The Bureau of Economic Analysis reported that the U.S. capital stock was $44.1 trillion at the end of 2009, $45.0 trillion at the end of 2010, and $46.4 trillion at the end of 2012. Depreciation in 2010 was $2.4 trillion, and gross investment during 2012 was $2.9 trillion. Calculate U.S. net investment and gross investment during 2010.

The Bureau of Economic Analysis reported that the U.S. capital stock was $44.1 trillion at the end of 2009, $45.0 trillion at the end of 2010, and $46.4 trillion at the end of 2012. Depreciation in 2010 was $2.4 trillion, and gross investment during 2012 was $2.9 trillion. Calculate U.S. net investment and gross investment during 2010.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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