Which statement most accurately describes demand-induced investment?
- AIt is spending on capital goods by firms because the rate of growth in demand for final goods and services increases.
- BIt is spending on capital goods by firms because the cost of borrowing has fallen.
- CIt is spending on capital goods by firms because they want to access new technology to improve the output per worker.
- DIt is spending on new capital goods by firms replacing old and obsolete capital goods.