Economics · Accelerator Theory
Match the accelerator theory terms in Column I with their descriptions in Column II: Column I (Term) (P) Acceleration Coefficient (v) (Q) Flexible Accelerator (R) Super-multiplier (S) Interaction of Multiplier and Accelerator Column II (Description) (1) v = I / ΔY; fixed capital-output ratio (2) Partial adjustment model; capital stock adjusts gradually (3) Combined effect of autonomous investment multiplier and induced investment (4) Generates endogenous trade/business cycles
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1P-4, Q-3, R-2, S-1
- 2P-3, Q-4, R-1, S-2
- 3P-2, Q-1, R-4, S-3
- 4P-1, Q-2, R-3, S-4✓
Correct answer
P-1, Q-2, R-3, S-4
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