Business, 05.07.2021 19:10 ayoismeisjjjjuan

If 2 percent growth is your break-even point for an investment project, under which outlook for the economy would you be more inclined to go ahead with the investment: (1) A forecast for economic growth that ranges from 0 to 4 percent, or (2) a forecast of 2 percent growth for sure, assuming the forecasts are equally reliable? What core principle does this illustrate?

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If 2 percent growth is your break-even point for an investment project, under which outlook for the...

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