Emmons, William R. (contributor); … - 2004 - [Elektronische Ressource]
, declines in business investment
spending typically lead the economy into recession, most recently during late 2000 in advance … of
the 2001 recession.
The decision to invest depends critically on the opportunity cost of capitalthat is, the rate …
As the economy fell into recession during early 2001, the Federal Reserve began an
aggressive campaign to stimulate the …