ECONOMICS
TECHNOLOGY
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Each year, they invest billions of dollars into new technology, ____, and maintaining infrastructure
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investments in capital goods
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updating factories
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high GDP per capita
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None of the above
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Explanation:
Detailed explanation-1: -In 2017, spending by federal, state, and local governments for transportation and water infrastructure totaled $441 billion.
Detailed explanation-2: -For financial year 2021, the proportion of infrastructure investments to the gross domestic product (GDP) was estimated to be nearly four percent.
Detailed explanation-3: -3684), is a United States federal statute enacted by the 117th United States Congress and signed into law by President Joe Biden on November 15, 2021. An act to authorize funds for Federal-aid highways, highway safety programs, and transit programs, and for other purposes.
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