A-LevelEconomicsThe macroeconomy9708/31 · Oct/Nov 2018 · Q281 Mark
What is the basic assumption underlying the accelerator theory? A Investment depends on the level of business confidence. B Investment depends on the level of savings. C Investment depends on the rate of change in consumer demand. D Investment depends on the rate of change of interest rates.
Mark scheme
Marking points from the official mark scheme (Oct/Nov 2018). The mark or mark type is shown in brackets.
- [1] Choice C is correct
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