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If a blueprint is drawn with a scale of 1/8 inch = 1 foot, a line 1 inch long will equal __________ on the blueprint.
Gross Private Domestic Investment
The total spending on capital goods by private businesses and households within a country's economy, not including expenditures by the government.
Capital
Refers to financial assets or the financial value of assets, such as machinery and buildings, used in producing goods and services.
Net Exports
The value of a country's total exports minus its total imports, indicating whether a country has a trade surplus or deficit.
Gross Investment
Total amount of investment in an economy, including investments in new capital assets and replacement of depreciated assets.
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