Identify any two components of Gross Investments indicated in the given image.
Identify any two components of Gross Investments indicated in the given image.
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Solution and Explanation
Gross investment is spending that adds to the capital stock, with replacement included. It has several components, and each is shown by a type of asset. We must match the pictures with these components.
Step 2: Read Panel A:
Panel A shows a crane building a flyover or bridge. Such infrastructure is built by the government for public use.
So this panel stands for Gross Public Investment.
Step 3: Read Panel B:
Panel B shows residential houses. Houses and buildings built for people to live in are residential construction.
So this panel stands for Gross Residential Construction Investment.
Step 4: Panel C (extra check):
Panel C shows a warehouse stacked with goods. This points to stocks of goods held by firms, that is, inventory investment.
The question asks for any two components, so two are enough.
Final Answer:
Two components of gross investment indicated in the image are Gross Public Investment (Panel A) and Gross Residential Construction Investment (Panel B).
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