The investment function will shift when there is a change in
A) the interest rate.
B) firms' profit expectations.
C) the cost of borrowing.
D) the opportunity cost of retained earnings.
Answer: B
The investment function will shift when there is a change in
A) the interest rate.
B) firms' profit expectations.
C) the cost of borrowing.
D) the opportunity cost of retained earnings.
Answer: B