Question

Answer the next question based on the following data. All figures are in billions of dollars.

Gross investment $18
Net exports 2
Residential fixed investment 5
Inventory investment 3
Net investment 13

Consumption (depreciation) of fixed capital is _____.

Answer 1

Answer:

$5

Explanation:

Calculation for Consumption (depreciation) of fixed capital

Gross investment $18

Less Net investment 13

Consumption (depreciation) $5

Therefore the Consumption (depreciation) of fixed capital is $5