Which of the following are examples of the gross private domestic investment component of Gross Domestic Product (GDP)? I. The purchase of production machinery
II) An increase in finished goods inventory
A) I only
B) II only
C) Both I and II
D) Neither I nor II

Question

Quizplus · Accepted Answer

Gross private domestic investment includes expenditures on new capital goods, such as production machinery, and changes in inventory levels, such as an increase in finished goods inventory.

Which of the Following Are Examples of the Gross Private