Question: Another take on the question in Problem 3.6: make a graph showing gross investment, net investment, and capital consumption as percentages of U.S. GDP for
Another take on the question in Problem 3.6: make a graph showing gross investment, net investment, and capital consumption as percentages of U.S. GDP for the post-World War II era. Split the sample in half and make a table displaying the mean values for each series in two halves of the sample.
Describe their relative behavior over time. How much of any change can you attribute to changes in the typical share of gross investment and how much to changes in capital consumption?
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