A-LevelEconomicsThe macroeconomy9708/32 · Oct/Nov 2017 · Q231 Mark

What does the accelerator principle state? A Consumption is a function of the rate of change of income. B Income is a function of the rate of change of investment. C Investment is a function of the rate of change of income. D Investment is a function of the rate of interest.

Mark scheme

Marking points from the official mark scheme (Oct/Nov 2017). The mark or mark type is shown in brackets.

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Topic: The macroeconomy, A-Level Economics (syllabus 9708). Structured question, 1 mark.
Source: A-Level Economics, Oct/Nov 2017 Paper 3 Variant 2, question 23.

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