In the Harrod-Domar growth model,if 12.5% of income is saved,the incremental capital output ratio is 2.5 and the rate of depreciation is 4%,what is the implied rate of growth?

Question

Quizplus · Accepted Answer

The Answer of In the Harrod-Domar growth model,if 12.5% of income is saved,the incremental capital output ratio is 2.5 and the rate of depreciation is 4%,what is the implied rate of growth?

In the Harrod-Domar Growth Model,if 12