Keynes believed that investment is
A) dependent on a number of factors,including business expectations.
B) mainly determined by changes in interest rates.
C) unrelated to business expectations.
D) related to business expectations only during recessionary periods.

Question

Quizplus · Accepted Answer

Keynes believed that investment was influenced by a variety of factors, including interest rates, business expectations, and the level of confidence in the economic environment. Therefore, investment cannot be solely attributed to changes in interest rates and is indeed dependent on a range of factors, including business expectations.

Keynes Believed That Investment Is