Tag: investment

What do you understand by capital?  On what does the growth of capital in a country depend. According to Alfred Marshall “Capital consists of those kinds of wealth, other than free gifts nature, which yield income” in the words of Samuelson “Capital goods represent, product goods …

Savings and Investment Relationship Here we will take investment in terms of a sche­dule giving various amounts of investment associated with various levels of income. The investment schedule is the function of entrepreneurial behavior. It tells us how the investors or producers respond to a change …