According to the accelerator theory, what would cause investment in an economy to be lower than in the previous year?
A.
B.
C.
D.
Exam No：9708_s25_qp_34 Year：2025 Question No：15
Answer:
D
Knowledge points:
4.4.1 meaning of economic growth
9.1.2.1 consumption function: autonomous and induced consumer expenditure
9.1.2.2 savings function: autonomous and induced savings
9.1.2.3 autonomous and induced investment; the accelerator
9.1.2.4 government spending
9.1.2.5 net exports (exports minus imports)
Solution:
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