Solution-Gross private domestic investment

Gross private domestic investment

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Currently, higher education expenditures by students are treated as consumption spending in the calculation of GDP. Suppose that these expenditures by students were to be treated as investment in human capital and included in Gross Private Domestic Investment. Would the change in definition cause GDP to change?

Reference no: EM131253921

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Gross private domestic investment

Reference no: EM131253921

Reference no: EM131253921

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