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If gross private domestic investment exceeds depreciation, then net private dome

ID: 1208356 • Letter: I

Question

If gross private domestic investment exceeds depreciation, then

net private domestic investment is positive.

net private domestic investment is negative.

the capital stock is declining.

the capital stock is unchanged.

If each nation specializes and produces those goods in which it has a(n) _______ advantage and trades with other countries, global production will be _______.

absolute; increased

comparative; reduced

money; increased

comparative; increased

net private domestic investment is positive.

net private domestic investment is negative.

the capital stock is declining.

the capital stock is unchanged.

Explanation / Answer

1.net private domestic investment is positive.

2. Comparitive; increased.

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