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Q: Which of the following is the sum of net investment and depreciation called?
  • A. Personal income
  • B. Gross investment
  • C. Gross Domestic Product
  • D. Private investment
Correct Answer: Option B - The sum of net investment and depreciation is called gross investment. Gross invetment is referred to as the total expenditure that is made for buying capital goods over a time period, without accounting for depreciation
B. The sum of net investment and depreciation is called gross investment. Gross invetment is referred to as the total expenditure that is made for buying capital goods over a time period, without accounting for depreciation

Explanations:

The sum of net investment and depreciation is called gross investment. Gross invetment is referred to as the total expenditure that is made for buying capital goods over a time period, without accounting for depreciation