The accelerator principle relates the level of investment to changes in the level of national income

Indicate whether the statement is true or false

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Economics

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The Social Security system is financed by

A) a tax on individual retirement accounts. B) a payroll tax paid only by employers. C) a payroll tax paid by both employers and employees. D) a tax on luxury goods.

Economics

During the post-Civil War debate over resuming the exchange of gold for greenbacks,

a. members of the Greenback party argued the returning to gold was not worth the economic pain. b. Republicans argued that those who had loaned money to the government during the Civil War had the right to be paid in gold. c. Republican argued that due to the Public Credit Act of 1869, bondholders were not required to be paid in gold. d. None of the above is correct. e. Only a and b are correct.

Economics