What is the meaning of Investment in Macroeconomics?
It means investment incurred on creation of new capital assets
Example - New Plant and Machinery, New Building, Increase in Stock etc
What are different types of Investment?
It is of 2 types:
- Induced Investment
- Autonomous Investment
Difference between Induced Investment and Autonomous Investment
No questions in this part
Explain the distinction between Induced investment and Autonomous investment.View Answer