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:
from Introduction to Business: Homework Help ResourceChapter 24 / Lesson 13