ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN: 9780190931919
Author: NEWNAN
Publisher: Oxford University Press
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Transcribed Image Text:**Question 5: Explain the difference between investment as the term is used by most people and investment as defined by an economist in two paragraphs.**
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Investment- Investment means to invest the money in productive and non productive activities to generate national income and to improve productive capacity in an economy. Investment leads towards capital formation .
Investment can be defined in terms of common people and economists.
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