Economics A-Level
Accelerator process
What Accelerator process means in Economics A-Level, as defined for AQA.
Definition of Accelerator process
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Reference: AQA
A change in the rate of growth of national income leads to a proportionately larger change in capital investment.
Topics that use Accelerator process
- The determinants of aggregate demand (AQA A-Level)
Related terms
- Aggregate demand
- Circular flow of income
- Exchange rates
- Interest rates
- Investment
- Macroeconomic objectives
- Net exports
- Price level
Using Accelerator process in the exam
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