The purchase by businesses of new machinery, equipment, and such is nonincome-determined spending.

Name: The purchase by businesses of new machinery, equipment, and such is nonincome-determined spending.
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This type of spending, often referred to as investment in economics, is primarily driven by factors such as interest rates, technological advancements, and expectations of future profitability, rather than current income levels.

The Purchase by Businesses of New Machinery, Equipment, and Such