The multiplier accelerator model assumes ____ depends on ______?

Related Mcqs:

Real business cycles are cycles in ?

A. potential output B. actual output C. real output D. international trade...

The business cycle is not transmitted from one country to another through ?

A. private sector imports and exports B. economic policy C. the duration of compulsory education D. labor supply changes...

The belief that the rate of growth depends upon technological progress facilitated by institutions incentives and government is known as ________ growth theory?

A. endogenous B. exogenous C. beta D. convergence...

GDP per head may be an imperfect measure of economic welfare because it excludes ?

A. the value of leisure B. Externalities C. Untraded goods D. Change in the distribution of income E. All of the above...

The business cycle describes fluctuations in output around the?

A. trend path of output B. boom C. recession D. short-run fluctuations in output...