The diagram shows the way in which a higher growth rate of national income may cause national income to rise again. increase in national income -> growth rate -> operation of ......1...... -> operation of ......3...... -> increase in national income -> change in ......2...... What should be added at positions 1, 2 and 3 in the diagram?
- A1 the accelerator, 2 induced investment, 3 the accelerator
- B1 the accelerator, 2 induced investment, 3 the multiplier
- C1 the multiplier, 2 autonomous investment, 3 the accelerator
- D1 the multiplier, 2 autonomous investment, 3 the multiplier