Chapter 11: Investment, Productivity and Growth
Chapter Learning Objectives
After reading the chapter, you ought to understand and be able to explain:
- The major types of investment for growth and what influences their efficiency.
- The factors involved in project appraisals.
- The elements that encourage private investment.
- The implications of foreign investment for a nation’s economy.
- he divergent views and policies related to foreign direct investment.
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NOTE TO INSTRUCTORS: the answers to the Exercises are found on the Norton Resource Library, not the Gradebook. To access that go to www.wwnorton.com/nrl.