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The Harrod-Domar Growth Model Suggests That Growth Is

Question 1

Multiple Choice

The Harrod-Domar growth model suggests that growth is


A) directly related to savings and inversely related to the capital/output ratio.
B) directly related to the capital/output ratio and inversely related to savings.
C) indirectly related to savings and the capital/output ratio.
D) directly related to savings and the capital/output ratio

Correct Answer:

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