Source: Tadeu and Silva From the study's results we can quantitatively identify the positive and negative contributors to private investment. For instance, for every 1% increase in GDP, private investment increases .51%. This affirms the strong positive relationship between GDP growth and Private Investment. Interestingly, the interest rate is shown to have a low to almost zero, positive relationship (.004) with private investment. This shows that within the Brazilian economy the interest rate, a normally significant variable of capital cost, does not impact private investment much. This can be partially explained by the fact that the real interest rate fluctuates in step with the inflation rate. Also, anecdotally, many Brazilian firms self-finance capital improvements and rarely look outwards for additional financing, thus real interest rates would have very little impact on an investment decisions (Tadeu and Silva, 2014). Inflation had a moderately negative effect: for every 1% increase in inflation, investment declines .0474%. This is surprising because many studies purport to identify inflation as a strong determinant of investment (Taylor and Francis 2011). The study's inclusion of Real Interest rate policy and Inflation shows that those making