Modern Theory of Trade Cycle
The modern economists are of the view that it is the interaction of multiplier and accelerator which cause movement in…
The modern economists are of the view that it is the interaction of multiplier and accelerator which cause movement in…
Various theories have been offered to explain the causes of trade cycle. Now we will discuss them one by one. THE K…
T he trade cycle refers to the ups and downs in the level of economic activity which extends over a period of several…