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.
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.
ANSWER:
C