MYTUTOR SUBJECT ANSWERS

416 views

What is the accelerator effect?

The accelerator effect is when an change in GDP results in a larger than proprtional change in investment. 

This effect can be either positive or negative, hence why investment is often the most volatile component of GDP. 

An example of this can be found in Greece - in the period of 2010-11 GDP per capita decreased by -7.7%, whereas investment fell by 20.9%.

Caitlin B. A Level Economics tutor, GCSE French tutor, GCSE Economics...

2 years ago

Answered by Caitlin, an Uni Admissions Test .TSA. Oxford. tutor with MyTutor


Still stuck? Get one-to-one help from a personally interviewed subject specialist

11 SUBJECT SPECIALISTS

£25 /hr

Jack G.

Degree: Politics, Philosophy, and Economics (Bachelors) - Warwick University

Subjects offered: .TSA. Oxford., Religious Studies+ 2 more

.TSA. Oxford.
Religious Studies
Maths
Economics

“Hello, I'm Jack and am studying politics, philosophy, and economics at Warwick.  Having recently been through the subjects I'm looking to tutor I feel like I know first hand what difficulties you'll be facing. I always found I wanted ...”

MyTutor guarantee

£25 /hr

Maria H.

Degree: Philosophy, Politics and Economics (Bachelors) - Oxford, Somerville College University

Subjects offered: .TSA. Oxford., Italian+ 2 more

.TSA. Oxford.
Italian
German
-Personal Statements-

“About Me: I am a PPE (Philosophy, Politics and Economics) Student at the University of Oxford. I have a bilingual, Italian-German, background and hope that that can add something interesting to our tutorials!  I have been tutoring ch...”

MyTutor guarantee

£25 /hr

Balraj D.

Degree: PPE (Philsophy, Politics & Economics) (Bachelors) - Warwick University

Subjects offered: .TSA. Oxford., Philosophy+ 4 more

.TSA. Oxford.
Philosophy
Maths
French
Economics
Chemistry

“Hi! I'm Bal! Currently studying Philosophy, Politics and Economics in my first year at university and really enjoying myself. I got a score of 41 in my IB Diploma, 11 points above the world average. I also gained 10A*s in my GCSEs. In ...”

About the author

Caitlin B.

Currently unavailable: for regular students

Degree: Economics with Study in Continental Europe (Bachelors) - Bristol University

Subjects offered: .TSA. Oxford., Maths+ 1 more

.TSA. Oxford.
Maths
French
Economics

“My name is Caitlin and I study Economics.Having gained a 2:1 in my first year of University, I'm looking forward to my second year.I am also fully CRB checked.QualificationsA*A*A at A Level (Maths, Economics, French)A at A...”

MyTutor guarantee

You may also like...

Posts by Caitlin

Is there a way to find out a nouns gender?

What is the accelerator effect?

Other Uni Admissions Test .TSA. Oxford. questions

Should I prioritise revision around the multiple choice style questions, or the essay?

How do I approach the essay section of the TSA?

How do you approach a question that asks for you to identify the conclusion from a few statements

What kind of mathematics do I need to know for the TSA?

View Uni Admissions Test .TSA. Oxford. tutors

Cookies:

We use cookies to improve our service. By continuing to use this website, we'll assume that you're OK with this. Dismiss

mtw:mercury1:status:ok