In the simple accelerator model, if expected output declines,
A) gross investment becomes negative.
B) net investment becomes negative.
C) both gross investment and net investment become negative.
D) the desired stock of capital will become negative.
B
Economics
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Policies that mandate the installation of specific pollution control devices are called
A) incentive policies. B) benefit policies. C) welfare policies. D) command-and-control policies.
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As firms find themselves producing closer to their maximum capacities, the most likely outcome would be that the economy's
a. investment curve will shift upward b. investment curve will shift downward c. consumption curve will shift downward d. consumption curve will shift upward e. position along the existing consumption curve will move upward
Economics