1. Induced Investment: Real investment may be induced. Induced investment is profit or income motivated. Factors like prices, wages and interest changes which affect profits influence induced investment. Similarly demand also influences it. When income increases, consumption deÂ­mand also increases and to meet this, investment increases. In the ultimate analysis, induced investment is a function of inÂ­come i.e., I = f(Y). It is income elastic. It increases or deÂ­creases with the rise or fall in income, as shown in Figure 1. I 1 I 1 is the investment curve which shows induced investÂ­ment at various levels of income. Induced investment is zero at OY 1 income. When income rises to OY 3 induced investment is I 3 Y y A fall in income to OY 2 also reduces induced investment to I 2 Y 2.
A player is eligible for the Baseball Hall of Fame after being retired for five years.
How many years must a player be retired to be eligible for the pro football hall of fame? Five years. As an example, both Jerry Rice and Emmitt Smith retired after the 2004 season. The five seasons they waited before being eligible for election to the Hall were 2 â¦ 005-2009. Both are eligible beginning with the 2010 elections and, most certainly, both will be elected in 2010. How many players are in the MLB hall of fame?