Using the Harrod-Domar growth model,suppose one economy has to maintain a growth rate of GDP of 10 percent per year in order to avoid a decline in the average standard of living.Assume in this economy,the saving rate s is fixed at 15%,the capital-output ratio v is 3 and the depreciation rate d is 5%,the gap of ________ in the growth rate of GDP can be provided by foreign aid.

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The Answer of Using the Harrod-Domar growth model,suppose one economy has to maintain a growth rate of GDP of 10 percent per year in order to avoid a decline in the average standard of living.Assume in this economy,the saving rate s is fixed at 15%,the capital-output ratio v is 3 and the depreciation rate d is 5%,the gap of ________ in the growth rate of GDP can be provided by foreign aid.

Using the Harrod-Domar Growth Model,suppose One Economy Has to Maintain