Mathematics · Ratio and Proportion
According to the Accelerator Principle, if the capital-output ratio is 3:1, and the demand for consumer goods increases from 1000 units to 1200 units, what is the required increase in the capital stock (investment)?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1100 units
- 2300 units
- 3600 units✓
- 4200 units
Correct answer
600 units
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