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14 December, 23:57

What are the similarity between the multiplier and the accelerator

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  1. 15 December, 00:06
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    Multiplier shows the effect of a change in investment on income and employment whereas accelerator shows the effects of a change in consumption on investment.

    But in other words, in the case of multiplier, consumption is dependent upon investment, but in the case of accelerator investment is dependent upon consumption
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