Inducement to Invest and MEC Invt. is a flow concept while capital is stock If gross Invt. exceeds replacement invt., net Invt. will be positive and economy’s capital stock ...
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...Inducement to invest and mec invt is a flow concept while capital stock if gross exceeds replacement net will be positive economy s by i e k it the has grow its must also cor adopting saving techniques of production thus real addition existing keynes many other economists include change in inventories are often called liquid depends upon two types autonomous induced believed that level ii rate interest r he thought changes income not affect this view based his preoccupation with short run problems belived only long distinction between been made post keynsian ects motivation decisions entrepreneurs principally influenced profit motive estimating which may expected accrue firm three elements crucial for project or good during useful life purchase supply price cost market financing flows plant an exercise future forecasting both uncertain determinants as induce people machinery factory hence new take place then prefer lend earn undertaken equi entrepreneur established where comparatively ...