Answered: Investment is back bone to a nation’s…

Investment is back bone to a nation’s GDP. How you will describe it and what elements causes to shifts in Investment Demand Curve. Explain in your own words.

Essentials of Economics (MindTap Course List)

8th Edition

ISBN:9781337091992

Author:N. Gregory Mankiw

Publisher:N. Gregory Mankiw

Chapter18: Savings,investment And The Financial System

Section18.2: Saving And Investment In The National Income Accounts

Problem 2QQ

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Concept explainers

Public Saving

Public saving deals with the amount which has been in excess after meeting all the obligatory expenses and investment of the government. Taxes are collected by the government to meet its day-to-day expenditures. The obligatory expenses include all those expenses which are mandatory for the government. It cannot be avoided as it is inevitable.

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Investment is back bone to a nation’s GDP. How you will describe it and what elements
causes to shifts in Investment Demand Curve. Explain in your own words.

Definition Video Definition Overall monetary value of all the complete or final services and goods that a country can produce within its domestic boundaries in a specific period. Video

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