Illustrate several theories about causation
Illustrate several theories about causation?
Expert
Several theories about causation are as follows:-
1. Major innovations may trigger new investment and/or consumption spending.
2. Changes in productivity may be a related cause.
3. Most agree that the level of aggregate spending is important, especially changes on capital goods and consumer durables.
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Give a brief introduction of the term combined leverage? And in what manner it is calculated?
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