MCQOPTIONS
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| 1. |
The instability of equilibrium in the Harrod model was used by him to explain thebusiness cycles above and below the trend path of -------- |
| A. | warranted (required) rate of growth |
| B. | actual rate of growth |
| C. | sustainable rate of growth |
| D. | natural rate of growth |
| Answer» B. actual rate of growth | |