An increase in the demand for plant and equipment can lead to a much larger increase in consumer demand. This is known as the acceleration effect.

Name: An increase in the demand for plant and equipment can lead to a much larger increase in consumer demand. This is known as the acceleration effect.
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Question

Quizplus · Accepted Answer

The acceleration effect refers to how an increase in consumer demand can lead to a larger increase in demand for plant and equipment, not the other way around.

An Increase in the Demand for Plant and Equipment Can