Question: Given the following data, answer questions a through c. Billions of dollars New ResidentialConstruction $500 Purchase of existing homes $250 Sales value of newly issued

Given the following data, answer questions a through c.

Billions of dollars

New ResidentialConstruction

$500

Purchase of existing homes

$250

Sales value of newly issued stocks and bonds

$600

New physical capital

$700

Depreciation

$200

New Intellectual property

$100

Household purchases ofnew furniture

$50

Net change in firms' inventories

$100

Production of new intermediate goods

$700

a. What is the value gross private domestic investment?

b. What is the value of net investment?

c. Are any intermediate goods counted in gross investment?

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