Which of the Following Is Correct

question 77

Multiple Choice

Which of the following is correct?

• A) Gross investment equals net investment minus depreciation.
• B) Net investment is the same as capital consumption.
• C) Gross investment is the total spent on capital.
• D) Net investment is the total spent on capital.
• E) The change in the nation's capital stock over a year equals the amount of gross investment.

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Definitions:

Low Bid Purchasing

A procurement strategy where contracts are awarded to the supplier offering the lowest price for goods or services, often utilized in public sector procurement.

Postindustrial Societies

Societies characterized by an economy where the service sector produces more wealth than the manufacturing sector.

Economic Sector

A segment of the economy that encompasses businesses and organizations sharing similar activities, products, or services.