Question

investment is spending on new capital​

Answer 1

Answer:

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Explanation:

Money spent on capital goods, or goods used in the production of capital, goods, or services. Investment spending may include purchases such as machinery, land, production inputs, or infrastructure. ... Also called capital formation

Gross Investment pending is the total amount that the economy spends on new capital. But this figure includes an estimate for the value of capital depreciation since some investment is needed each year just to replace technologically obsolete or worn-out plant and machinery.

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