Paper 3: Economic principles and issues June 2025, Question 10 1 mark
Which one of the following best explains the operation of the accelerator process?
Reveal mark scheme
Which one of the following best explains the operation of the accelerator process?
Explain how the multiplier and accelerator affect the overall level of economic activity.
To what extent do you agree that a fall in savings is beneficial for the UK economy? Justify your answer.
According to the accelerator process, a slowdown in the rate of growth of national income will lead to a fall in the
The diagram below shows the actual level of real GDP and the trend level of real GDP over time for an economy. The economy starts its recovery from recession at point M. After several years of growth the economy reaches point N.
All other things being equal, which one of the following is the most likely consequence of the economy’s growth path between points M and N?
Memes
Laugh now. Cry in the exam hall later. Then come back and do a past paper.
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did you revise economics today?? 🥰
the opportunity cost was too high
sounds expensive 😬
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