Which of the following is not crucial to the Harrod-Domar model?
a. population growth rate
b. marginal propensity to save
c. incremental capital-output ratio
d. marginal propensity to consume
e. all were crucial to the Harrod-Domar model
A
Economics
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A credible promise is:
A. in the promiser's interest to keep. B. possible to keep. C. legally enforceable. D. made by a honest person.
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The intersection of the labor market supply and market demand curves establishes the minimum wage.
Answer the following statement true (T) or false (F)
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