Accountancy, asked by Abhisheksridhar7497, 11 months ago

Gross domestic capital formation is always equal to gross fixed capital formation giving reasons state true or false

Answers

Answered by accuratetechnovision
0

Answer:

true

Explanation:

Gross fixed capital formation, abbreviated as GFCF, consists of resident producers' investments, deducting disposals, in fixed assets during a given period. It also includes certain additions to the value of non-produced assets realized by producers or institutional units.

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