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In the context of business cycles, what does the "accelerator" concept refer to?a)The role of government in controlling inflation.b)The role of innovations in driving economic fluctuations.c)The relationship between investment and consumer demand.d)The process of increasing interest rates to curb inflation.Correct answer is option 'C'. Can you explain this answer? for B Com 2024 is part of B Com preparation. The Question and answers have been prepared
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In the context of business cycles, what does the "accelerator" concept refer to?a)The role of government in controlling inflation.b)The role of innovations in driving economic fluctuations.c)The relationship between investment and consumer demand.d)The process of increasing interest rates to curb inflation.Correct answer is option 'C'. Can you explain this answer?, a detailed solution for In the context of business cycles, what does the "accelerator" concept refer to?a)The role of government in controlling inflation.b)The role of innovations in driving economic fluctuations.c)The relationship between investment and consumer demand.d)The process of increasing interest rates to curb inflation.Correct answer is option 'C'. Can you explain this answer? has been provided alongside types of In the context of business cycles, what does the "accelerator" concept refer to?a)The role of government in controlling inflation.b)The role of innovations in driving economic fluctuations.c)The relationship between investment and consumer demand.d)The process of increasing interest rates to curb inflation.Correct answer is option 'C'. Can you explain this answer? theory, EduRev gives you an
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