which of the following is responsive to the rate of interest? (1) induced investment (2) net investment (3) autonomous investment
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Answer:
1) induced investment
Explanation:
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Answer:
(3) autonomous investment
Explanation:
An autonomous investment is when a government or other body makes an investment in a foreign country without regard to its level of economic growth or the prospects for that investment to generate positive returns. These investments are made primarily for purposes of geopolitical stability, economic aid, improving infrastructure, national or individual security, or humanitarian goals.
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