Economics · Macroeconomics Theories
The famous statement 'Trade cycles are generated due to the interaction of the multiplier and accelerator' forms the basis of the trade cycle model developed by which economist?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Joseph Schumpeter
- 2Paul Samuelson✓
- 3R. G. Hawtrey
- 4John Maynard Keynes
Correct answer
Paul Samuelson
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