If the economic growth rate SLOWS from 5% to 1%, the simple accelerator hypothesis suggests that
A) investment will continue to rise as output increases.
B) investment will fall as output increases.
C) investment will accelerate since output growth is positive.
D) None of the above is correct.
B
Economics
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Which entity within the U.S. government is responsible for computing and reporting the CPI?
a. the Department of Commerce b. the Department of Labor c. the General Accounting Office d. the Council of Economic Advisers
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Whenever a regulatory system is set up, individuals or firms being regulated will figure out ways to get around these regulations. This is referred to as the law of:
A. demand. B. unintended consequences. C. diminishing returns. D. diminishing control.
Economics