The accelerator gets its title because of the amount by which investment changes following a change in national income.
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Q153: In the UK, the Bank of England
Q154: In the UK the interest rate set
Q155: If percentage changes in investment are much
Q156: Investment is typically more volatile than real
Q157: The accelerator coefficient is the marginal capital/output
Q159: The accelerator theory explains the level of
Q160: If planned spending is less than output,
Q161: If firms hold stocks, this will increase
Q162: Bandwagon effects and time lags help to
Q163: Booms and recessions will come to an
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