In 1933 Net Investment Was Minus $208 Million

question 141

Multiple Choice

In 1933 net investment was minus $208 million.This meant that:

• A)gross investment exceeded depreciation by $208 million.
• B)the economy was expanding in that year.
• C)the production of 1933's GDP used up more capital goods than were produced in that year.
• D)the economy produced no capital goods at all in 1933.

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Definitions:

Actual

Pertaining to or representing the current state of affairs or reality, as opposed to potential or theoretical scenarios.

Desired Performance

The specific level of output or achievement that an organization or individual aims to reach, often set as a target or goal.

Control Process

The systematic effort by business management to compare performance to predetermined standards, plans, or objectives in order to determine whether performance is in line with these standards and presumably to take any corrective action required.

Measurement

The process of quantifying attributes or phenomena, typically using instruments or standardized tests, to obtain data.