The multiplier-accelerator model
A) suggests that a downturn in real GDP will lead to a sharp fall in investment, which leads to further reductions in GDP through the multiplier.
B) emphasizes that current investment spending depends negatively on the expected future growth of GDP.
C) links investment spending to stock prices.
D) emphasizes the role of real interest rates and taxes.
A
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In the figure above, the marginal rate of substitution (MRS) at point A is
A) greater than the MRS at any other point on the indifference curve. B) equals the MRS at all other points on the indifference curve. C) less than the MRS at any other point on the indifference curve. D) equal to the slope of the budget line.
Sherman Antitrust Act bans price discrimination that substantially lessens competition or injures particular competitors
a. True b. False Indicate whether the statement is true or false