The accelerator principle relies on investment being determined by:
waves of optimism and pessimism. real interest rates. nominal interest rates. changes in consumer spending.
Below is a record of sales and inventory of a firm for three periods:
To obtain the inventory of $40,000 at the end of the third period, how much must this business purchase in the third period?
$40,000 $50,000 $70,000 $80,000