Which of the following is not true?

(A) Starting from no growth, a positive output growth rate would be associated with even higher
rates of investment (the accelerator effect)
(B) Higher investment causes a multiplied increase in income
(C) Such increases in income would continue to induce higher investment, which in turn would continue to cause multiplied increases in output.
(D) All of the above.

Related Posts 👇

Leave a Reply

Your email address will not be published. Required fields are marked *

error: Content is protected !!