Economy, asked by gopikaga6, 10 months ago

What type of curve induced investment has

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Answered by saaroopya

1

Explanation:

why induced investment curve, like supply curve is positively sloped, i.e., with increase in income, induced investment also goes up as shown in Fig. (a). According to Keynes, induced investment is determined by (i) MEI or rate of return from new investment, and (ii) rate of interest at which funds are borrowed.

Answered by priyankabane514

0

Explanation:

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