Explain how interactions of the multiplier and accelerator generate cycles of national income.

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Principles of Economics

ISBN: 978-1285064437

7th edition

Authors: Fred M. Gottheil

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Question Posted: Apr 21, 2015 09:44 AM

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Explain how interactions of the multiplier and accelerator generate cycles of national income.

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The tax multiplier is MPCMPS ...View the full answer

Principles of Economics

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