An initial injection into the circular flow of income brings about a much bigger rise in GDP. What term does this define?
- Aautonomous investment
- Bdemand-pull inflation
- Cthe accelerator principle
- Dthe national income multiplier
Economics 9708 · AS & A Level · Aggregate demand and aggregate supply
An initial injection into the circular flow of income brings about a much bigger rise in GDP. What term does this define?