Indu Dhiman posted an Question
May 11, 2021 • 18:09 pm 30 points
  • UGC NET
  • Economics

Question: 43/50 unit solved papers (1-10)- economics robinson's model focus on population growth income growth pollution inequalityy view solution

Question: 43/50 Unit Solved Papers (1-10)- Economics Robinson's model focus on Population growth Income growth Pollution Inequalityy View Solution

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  • Reshma gupta best-answer

    Mrs. Joan Robinson has given her model of growth in her classic book. ‘The Accumulation of Capital’ in 1956. Joan Robinson’s model clearly takes the problem of population growth in a developing economy and analyses the influence of population on the role of capital accumulation and growth of output. According to Mrs. Joan Robinson, national income is the sum of the total wage bill and total profit. Total wage bill is the real wage multiplied by the number of workers and total profits are equal to profit rate multiplied by the amount of capital.

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