What is the main difference between the Harrod-Domar growth model and the Neoclassical growth model?
A) emphasizing on saving and investment.
B) population growth.
C) endogenous technological improvement.
D) fixed proportions production technology.
Correct Answer:
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Q11: The structural change that accompanies growth in
Q12: According to the Lewis model,workers are paid
Q13: According to the Harrod-Domar growth model,suppose that
Q14: In the Lewis model,in the subsistence sector,the
Q15: The Neoclassical growth model assumes:
A) diminishing marginal
Q17: According to the Lewis model,workers are paid
Q18: Endogenous variables are:
A) given from outside the
Q19: What is the main difference between the
Q20: In the Harrod-Domar growth model,suppose the
Q21: What is the significance of possible increasing
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