According to Keynes the most important determinant ofinvestment
A)mec
B)effective demand
C)aggregate demand
D)rate of interest

Question

Quizplus · Accepted Answer

According to Keynes, the most important determinant of investment is the rate of interest. He argued that as the rate of interest falls, investment increases because borrowing costs are lower, making it cheaper for businesses to finance new investments.

According to Keynes the Most Important Determinant Ofinvestment