Question:
How can Business Confidence, and ‘Animal Spirts’ [Define] affect Investment
Author: eric_galvaoAnswer:
-If a Firm is Confident it will get Profits, then it will Invest -Business Confidence is dependent of the Company’s Mangers, as Keynes pointed out that not All Investment is done on Rational Thinking, but that Emotions and Gut Feeligns are also involved - These are your Animal Spirts
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