(a)[12]
Explain what the main determinants of business investment are.
(b)[13]
‘If investment rises, it will lead to a rise in output. If output rises, it will lead to a rise in investment.’ Discuss whether both of these claims can be true.
Economics 9708 · AS & A Level · Economic growth
Explain what the main determinants of business investment are.
‘If investment rises, it will lead to a rise in output. If output rises, it will lead to a rise in investment.’ Discuss whether both of these claims can be true.