In the context of economic growth models, the Harrod-Domar model emphasises:

Question

Team JKSSB Mock Tests · Accepted Answer

The Harrod-Domar model states that the growth rate of output depends on the savings rate and the capital-output ratio (or the productivity of capital).

In the context of economic growth models, the Harrod-Domar model emphasises: MCQ with Answer and Explanation

Solution (By JKSSB Mock Tests)

Discuss this Question (0)

Practice More Economy Set 1 Questions