Ayushi posted an Question
August 14, 2020 • 04:49 am 30 points
  • UGC NET
  • Economics

4. harrod-domar model of growth is based on the concepts and their equality of (0 population and productivity growth () lnvestment and average growth rate of in

4. Harrod-Domar model of growth is based on the concepts and their equality of (0 population and productivity growth () lnvestment and average growth rate of incomne t aclual, warranted and natural growth rate productivity growvth and investment growth 143 Opportunity cost version of Comparative cost advantage doctrine wa doctrine was introduced by (2) Kindleberger (0 J-M Keynes (4) Haberler 3Karl Marx 1 frii HH GITT EA JTTUTICEa tI 1?

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    Nidhi taparia Best Answer

    142. The answer is (3). Harrod Domar model is based on equality of three rates of growth. Actual Growth Rate Warranted Growth Rate Natural Growth Rate Their condition of equilibrium that specifies equality between these three rates of growth is very difficult to attain and also called knife edge equilibrium.

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