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What is Super Multiplier and Accelerator Effects about?

The document discusses the concept of acceleration and its relationship to investment and consumption. It provides three key points: 1) Acceleration refers to changes in investment goods industries that result from changes in consumption goods industries. If consumption rises, demand and investment in the factors and machines to produce those goods will rise at an even faster rate. 2) The accelerator principle can be expressed mathematically using Brooman

Author

Pujitha Garapati

Language

EN