Question

The Harrod-Domar Growth Model emphasizes the importance of saving and capital accumulation for economic growth. The model concludes that the rate of output growth (g) is determined by:

A The rate of technological progress and the rate of depreciation.
B The rate of saving (s) divided by the capital-output ratio (c).
C The rate of saving (s) multiplied by the capital-output ratio (c).
D The rate of population growth plus the rate of technological progress.
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