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What does the accelerator principle explain?

A.
how changes in consumption lead to changes in income
B.
how changes in income lead to changes in consumption
C.
how changes in income lead to changes in investment
D.
how changes in investment lead to changes in income
Economics
IGCSE&ALevel
CAIE
Exam No：9708_s20_qp_33 Year：2020 Question No：24

Answer:

C

Knowledge points:

9.1.2.3 autonomous and induced investment; the accelerator

Solution:

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