The accelerator principle states:
A) if an increase in the growth of output is expected, investment will increase.
B) if an increase in investment is expected, output will increase.
C) if an increase in the growth of investment is expected, output will increase.
D) small swings in investment are associated with large swings of output.
Correct Answer:
Verified
Q1: If, for John's current intertemporal consumption pattern
Q2: There are strong theoretical reasons to expect
Q4: Which best describes consumer surplus?
A)the price consumers
Q5: Which of the following statements is NOT
Q6: Community surplus equals:
A)producer surplus minus consumer surplus
B)profits
Q7: Monopoly power in a market is likely
Q8: A positive consumption externality occurs when:
A)the social
Q9: A merit good:
A)is a public good
B)involves a
Q10: A demerit good:
A)is a public good
B)involves a
Q11: A public good will probably:
A)be expensive in
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