Calculate depreciation and net investment during 2018. An economys capital stock was $46.3 billion at the end

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Calculate depreciation and net investment during 2018.

An economy’s capital stock was $46.3 billion at the end of 2016, $46.6 billion at the end of 2017, and $47.0 billion at the end of 2018. Depreciation in 2017 was $2.4 billion, and gross investment during 2018 was $2.8 billion (all in 2007 dollars).

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Macroeconomics

ISBN: 978-0134853307

10th Edition

Authors: Michael Parkin

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