Net Investment plus Depreciation gives an estimate of which of the following? 

The correct answer is Gross investment 

Key Points

• Gross investment:-
  • It is the total expenditure on new capital goods during a period of time.
  • It includes investment in both fixed assets, such as machinery and equipment, and inventory.
  • Gross investment is an important component of economic growth, as it increases the productive capacity of the economy.
  • Net Investment plus Depreciation gives an estimate of Gross investment.
  • Gross investment can be divided into two categories: public investment and private investment.
    • Public investment is an investment made by the government, such as on infrastructure projects.
    • Private investment is investment made by businesses, such as on new factories and equipment.

Additional Information

• Personal income:-
  • It is the total amount of money that an individual or household receives in a given period of time, typically a year.
  • It includes all forms of income, such as wages, salaries, bonuses, commissions, investment income, rental income, and government benefits.
  • Personal income is often used as a measure of an individual's or household's financial well-being.
• Gross domestic product:-
  • GDP is the total monetary or market value of all the finished goods and services made within a country during a specific period.
  • As a broad measure of overall domestic production, it functions as a comprehensive scorecard of a given country's economic health.