The Accelerator Theory Is a Theory of Investment That States

question 96

Multiple Choice

The accelerator theory is a theory of investment that states that current investment spending depends:

• A) positively on last years growth in real GDP.
• B) positively on the expected future growth of real GDP.
• C) positively on the investment levels last period.
• D) negatively on the expected future growth of real GDP.

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Definitions:

Nuclear Families

A family group consisting of parents and their children, considered as a basic social unit.

Stepparents

Individuals who are married to a parent but are not the biological parent of the parent's child or children.

Marketable Skills

Abilities or expertise that are in demand in the job market, enhancing one's employment prospects or career advancement.

Young Age

A term used to describe the early period of a person or animal's life, often characterized by rapid physical and psychological development.