What is a gross private domestic investment?


What is a gross private domestic investment?

Measuring the Economy

Investors and economists are interested in measuring the health of a country's economy. Calculating the gross domestic product, or GDP, is a common way to estimate an economy's size. Various factors need to be accounted for when deriving GDP, including gross private domestic investment.

Answer and Explanation:

Gross private domestic investment is the total of private capital used in domestic production within a country. The calculated value includes...

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Learn more about this topic:

Gross Private Domestic Investment: Definition & Formula

from Introduction to Business: Homework Help Resource

Chapter 24 / Lesson 13

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