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Unformatted text preview: government securities, etc. All such investments are together known as portfolio investments . Share capital of companies or corporations is called equity investment . Households undertake such investment with a view to earn attractive interest or dividend income. Paper investment by itself must not be regarded as the final generation of capital goods. It is merely a step in that direction. Complete paper investment may not necessarily get converted into physical capital. Still it is an important part of the process of capital formation....
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This note was uploaded on 11/26/2011 for the course ECON MICRO ec 201 taught by Professor - during the Fall '10 term at Montgomery.
- Fall '10