In the Simple Accelerator Theory an

question 20

Multiple Choice

In the simple accelerator theory an

• A)increase in actual sales will always lead to an increase in investment.
• B)increase in actual output will not lead to an increase in expected sales.
• C)increase in actual sales will lead to an increase in replacement investment.
• D)increase in the size of the increase in actual sales will lead to an increase in next period's net investment.

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Fundamental truths, beliefs, or propositions that serve as the foundation for a system of belief or behavior or for a chain of reasoning.

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A political arrangement where government jobs are given based on political affiliation and loyalty rather than merit or competence.

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