Asked by Kevin Simpson on May 04, 2024

verifed

Verified

How much was inventory investment for the year?

Inventory Investment

The change in the stock of goods held by a business for resale or production over a period, part of the investment component in GDP calculation.

Depreciation

The method of spreading out the expense of a physical asset over its lifespan.

  • Interpret the concept of inventory investment and how it affects overall investment calculations.
verifed

Verified Answer

JL
jaime lopezMay 08, 2024
Final Answer :
$10 million