In this and the two following chapters, a number of Problem the results obtained in applying
the method described chosen above to one of the central relations in business-cycle for
theory will be discussed. The relation in question testing. may be defined as that indicating
the “proximate” objective causes of changes in investment activity, looked at from the
demand side~——ie, from the side of investing entrepreneurs and public authorities.
Calculations have been made for investment in general, as well as for residential building …