Business investment spending is an important component of aggregate expenditure. Keynes believed tha Show more Business investment spending is an important component of aggregate expenditure. Keynes believed that it hinged upon the current optimism/pessimism of business owner. Given the present state of our economy what do you think is happening with investment spending? Are businesses likely to increase or decrease aggregate expenditure? (Remember that purchases of stocks and bonds are not investment in the sense described in this chapter.) Show less
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