Economy, asked by biology7764, 1 year ago

What is the formula for gross fixed capital formation

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Answered by Anonymous
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Gross fixed capital formation (GFCF) 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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