Question

According to Peterson, investment expenditure includes which combination?

विकल्प

• Only replacement of worn-out capital

• Producer’s durable equipment, new construction and the change in inventories

• Profit expectations, population growth and GDP growth

• Existing paper securities, bonds, debentures and equities

Answer 1

Peterson includes expenditure for producer’s durable equipment and new construction. The definition also includes the change in inventories.