Ayushi Asked a Question
September 10, 2020 7:47 pmpts 30 pts
0.4 Which one of the following is the investment function of Samuelson's model of Trade Cycle? Ans 1, =lo +vlY,-Y-al 2.,=lo + vY, a.,=lo + vY- 4. =lo+vly-Y
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  • Nidhi taparia thankyou
    Option 1 is correct according to Samuelson's Multiplier-Accelerator Interaction Business Cycle Model, Investment is a function of Income but it has a time lag of two periods. Suc...
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