Economy, asked by gra77roxi, 3 months ago

Compare and contrast the Multiplier with that of the Accelerator

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Answered by burhankareem63
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Answer:

Multiplier shows the effect of a change in investment on income and employment whereas accelerator shows the effects of a change in consumption on investment. In other words, in the case of multiplier, consumption is dependent upon investment, whereas in the case of accelerator investment is dependent upon consumption.

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