The planned investment function will shift downward if
A) real disposable income increases.
B) the interest rate falls.
C) business expectations become more pessimistic.
D) the existing stock of capital decreases.
Answer: C
The planned investment function will shift downward if
A) real disposable income increases.
B) the interest rate falls.
C) business expectations become more pessimistic.
D) the existing stock of capital decreases.
Answer: C