With respect to income, the investment schedule in the short run is
A) perfectly elastic.
B) perfectly inelastic.
C) relatively elastic.
D) relatively inelastic.

Name: With respect to income, the investment schedule in the short run is A) perfectly elastic. B) perfectly inelastic. C) relatively elastic. D) relatively inelastic.
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Question

Quizplus · Accepted Answer

The investment schedule in the short run is perfectly elastic because investment is highly responsive to changes in income.

With Respect to Income, the Investment Schedule in the Short