wwhat are the Difference between accelerator and multiplier effect
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The accelerator is a theory of what causes investment to increase and the multiplier is a theory which measures the effect of the increase in investment on equilibrium income. ... This increase in demand is supposed to stimulate investment via the accelerator.
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The accelerator is a theory of what causes investment to increase and the multiplier is a theory which measures the effect of the increase in investment on equilibrium income. ... This increase in demand is supposed to stimulate investment via the accelerator.
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