What is the accelerator theory of investment spending?
What will be an ideal response?
The accelerator theory of investment spending says that current investment spending is positively related to the expected real growth of GDP.
Economics
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Decreasing returns to scale may occur as increasing the amount of inputs used
A) increases specialization. B) always increases the amount of output produced. C) may cause coordination difficulties. D) increases efficiency.
Economics
Most agree that ______________ is the degree to which the overall quality of one's life is judged as favorable. The General Social Surveys (GSS) of the United States asks questions about this
a. Happiness b. Fortitude c. Effectiveness d. Decision making
Economics