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...
See full answer below.
Become a member and unlock all Study Answers
Try it risk-free for 30 daysTry it risk-free
Ask a question
Our experts can answer your tough homework and study questions.Ask a question Ask a question
Learn more about this topic:
fromChapter 24 / Lesson 13
In this lesson, you will define the concept of gross private domestic investment (GPDI), list the factors that are used to determine it, and learn to calculate it using a simple formula.