True/False
The accelerator theory explains the level of investment in terms of changes in national income and hence consumer demand.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q40: Assume that a £1.00 increase in exports
Q41: The chain of events that results from
Q42: The marginal propensity to pay taxes is
Q43: The non- accelerating inflation rate of unemployment
Q44: Assuming there is no government or foreign
Q46: The effect of a sustained increase in
Q47: In an economy whose real national income
Q48: Which of the following would not increase
Q49: Which of the following defines an inflationary
Q50: The instability of investment contributes to<br>A) short-