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Which economist introduced the concept of the ‘Multiplier-Accelerator Interaction’ to explain business cycle fluctuations?

AJohn Hicks
BJoseph Schumpeter
CPaul Samuelson
DNicholas Kaldor

Explanation

Paul Samuelson integrated the Keynesian multiplier with the accelerator principle to explain cyclical output swings.

Submitted by: mcqstutor Team More Economics MCQs →

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