a. Evaluate: “In 1933 net private domestic investment was negative R6 billion. This means that in that particular year the economy produced no capital goods at all.”  This statement is multiple choice 1correct, because negative net investment means the economy produced no new capital goods in that year.incorrect, because negative net investment does not mean the economy produced no new capital goods in that year.incorrect, because gross investment must have exceeded depreciation.correct, because gross investment must have exceeded depreciation.

. Evaluate: “Though net investment can be positive, negative, or zero, it is impossible for gross investment to be less than zero.” This statement is multiple choice 2correct, because depreciation cannot exceed gross investment.incorrect, because depreciation cannot exceed gross investment.correct, because depreciation cannot be less than zero.incorrect, because net investment is sometimes greater than gross investment.

When gross private domestic investment exceeds depreciation, it can be concluded that:Multiple Choicenet investment is positive.net investment is negative.the economy is exporting more than it imports.the economy is importing more than it exports

In calculating gross private domestic investment, a __ change in __ must be subtracted from the total investment for that particular year.Multiple choice question.negative; the balance of paymentsnegative; demandpositive; inventoriesnegative; inventories

If __ is negative, the __ stock has decreased, and vice versa.Multiple choice question.gross investment; capitalcapital; capitalnet investment; capitalcapital; net investment

Which of the following is equal to net investment?Multiple choice question.Gross investment minus depreciationDepreciation plus GDPGDP minus final salesGross investment minus final sales