Homework Answers
The GDP can be defined the market value of all goods and services which are produced in the domestic territory of the country in the current financial years.
GDP by expenditure method=C+I+G+X-M
Since net investment= Gross investment- Depreciation
A negative net investment is possible only when depreciation is greater than gross investment.
Hence it can be said that in 1933 net investment was negative $5.5 billion. This means that the production of 1933’s GDP used up more capital goods than were produced in that year.
Hence option first is the correct answer.
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