According to the accelerator principle, a _____ rate of growth in real GDP leads to _____.
A) lower; lower unplanned inventory investment
B) higher; higher inventory investment
C) higher; higher planned investment spending
D) lower; higher inventory investment
Correct Answer:
Verified
Q39: In a simple, closed economy (no government
Q40: Suppose that investment spending increases by $50
Q41: Other things being equal, planned investment spending
Q42: Positive unplanned inventory investment occurs when actual:
A)
Q43: In a simple, closed economy (no government
Q45: In a simple, closed economy (no government
Q46: The level of productive capacity _ planned
Q47: According to the accelerator principle there is
Q48: The higher the production capacity of the
Q49: Planned investment spending will decrease if:
A) the
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