1.

Given Harrod’s Growth Model as under:S(t) = aY(t)I(t) = ß[Y(t) - Y(t - 1)]S(t) = I(t)a, ß u003e 0.In this model sustained growth is indicated by satisfying the condition

A. ß/(ß - a) u003e 0
B. ß/(ß - a) u003c 0
C. ß/(ß - a) u003e 1
D. ß/(ß - a) u003c 1
Answer» D. ß/(ß - a) u003c 1


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