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bedau bedau
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Posts: 986
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6 years ago
By the accelerator hypothesis, if a firm's actual sales jump in one period to a higher maintained level, that firm's replacement investment
A) also jumps in one period to a higher maintained level.
B) gradually drifts upward to a higher maintained level.
C) jumps upward and then falls back to zero.
D) jumps upward and then falls back part of the way.
Textbook 
Macroeconomics

Macroeconomics


Edition: 12th
Author:
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supersuinegsupersuineg
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6 years ago
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