Day: May 14, 2023

The accelerator principle refers to a relationship between investment and …..?

Select ONE answer:

1. the level of GDP.
2. changes in GDP.
3. the level of interest rates.
4. changes in interest rates.

Show your workings to arrive at your answer, and explain and justify your reasons:

……………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………

This multiple-choice question is suitable for Economics KS4 and KS5 classes.

The answer is 2

1. Not correct
2. Correct
3. Not correct
4. Not correct

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