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    Question

    What is

    GFCF?
    A Gross Foreign Credit Formation Correct Answer Incorrect Answer
    B Gross Foreign Currency Flow Correct Answer Incorrect Answer
    C Gross Foreign Capital Fund Correct Answer Incorrect Answer
    D Gross Fixed Capital Formation Correct Answer Incorrect Answer
    E Gross Fixed Capital Fund Correct Answer Incorrect Answer

    Solution

    Gross fixed capital formation (GFCF) refers to the net increase in physical assets (investment minus disposals) within the measurement period. It does not account for the consumption (depreciation) of fixed capital, and also does not include land purchases.

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