3. |
FIGURE 9-5 The investment demand curve. The investment demand curve is constructed by
arraying all potential investment projects in descending order of their expected rates of
return. The curve is downsloping, reflecting an inverse relationship between the real
interest rate (the financial "price" of each dollar of investing) and the
quantity of investment demanded. |
R-1 9-5 |
In this figure, if the real interest rate falls from 6 to 4 percent:
|