EPISODE · Aug 5, 2009 · 4 MIN
The multiplier and the accelerator
from Econs for the Ipod · host Jonathan Evans
In this episode, we discuss how the multiplier and accelerator effects can make a small change in aggregate demand result in a much larger increase in national income.
What this episode covers
In this episode, we discuss how the multiplier and accelerator effects can make a small change in aggregate demand result in a much larger increase in national income.
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The multiplier and the accelerator
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