Yeast -- the leavener effect.

Sandwichman

--- Jim Devine <[EMAIL PROTECTED]> wrote:

> all sorts of things typically rise with GDP,
> including business
> optimism, profitability, cash flow, the ratio of
> business income to
> debt, the ratio of sales to industrial capacity, and
> the degree of
> uncertainty. All else constant, the combination of
> these rises
> encourages fixed business investment to rise. What
> should I call this
> connection?
>
> Currently, in the textbook I'm helping to write, I
> call this the
> "prosperity effect" on fixed investment. Is there a
> better name that
> anyone can think of? (I used to call it the
> "accelerator effect," but
> that gets confused with the accelerator theory.)
> --
> Jim Devine
> "living a life of quiet desperation -- but always
> with style!"
>







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