Describe the accelerator principle and multiplier effect., Ask an Expert

Economics

problem1. What are the determinants of investment in country?

problem2. Describe the accelerator principle and multiplier effect.

problem3. Make a distinction between the life-cycle theory and permanent income theory of consumption and saving.

problem4. What is meant by National Income of country?

problem5. What are the problems involved in its computations?

problem6. Despite the above, why do all countries in world undertake the exercise of calculating their National Income?

problem7. Is the National Income figure good indicator of the standard of living in country?

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Macroeconomics, Economics

Category:- Macroeconomics
Reference No.:- M96773

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