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According to Keynes, investment implies:
Financial Investment
Real Investment
Both (a) and (b)
None of the above
- Option 1: Financial Investment
- This involves purchasing financial assets, like stocks or bonds.
- It focuses on reallocating funds within the financial markets.
- Option 2: Real Investment
- This refers to investment in physical assets like machinery, buildings, or infrastructure.
- Keynes viewed investment primarily as a means to increase productive capacity in an economy.
- Correct Answer: Keynes associated investment more with real investment.
- Option 3: Both (a) and (b)
- This option considers both financial and real investments as unified under the term investment.
- Keynes primarily focused on real investments for economic growth.
- Option 4: None of the above
- Would imply no alignment to the options presented.
- Not applicable as Keynes emphasized real investment.
By: santosh ProfileResourcesReport error
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