MCQOPTIONS
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| 1. |
The Harrod Domar growth model suggests that growth is ? |
| A. | directly related to savings and inversely related to the capital/output ratio |
| B. | directly related to the capital/output ratio and inversely related to savings |
| C. | indirectly related to savings and the capital/output ratio |
| D. | directly related to savings and the capital/output ratio |
| Answer» B. directly related to the capital/output ratio and inversely related to savings | |