The Simple Accelerator Theory Suggests That Investment Will Be Rising

question 84

Multiple Choice

The simple accelerator theory suggests that investment will be rising when

• A)output is rising.
• B)the growth of output is rising.
• C)output is high.
• D)the growth of output is high.

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Definitions:

Qualitative Terms

These are descriptive, non-numerical characteristics or attributes used to assess aspects of operations, strategies, or market conditions.

Quantitative Terms

Relates to, measuring, or measured by the quantity of something rather than its quality.

Opportunity Cost

The cost of missing out on the next best alternative when making a decision or choice.

Inflation

The rate at which the general level of prices for goods and services is rising, eroding purchasing power.