The rate of growth of an economy mainly depends upon:

Related MCQs

• Rate of growth of an economy is measured in terms of:
• Harrod’s definition of rate of growth of an economy do not include
• Harrod argues that in an economy with constant capital-labour ratio, the ------------ can never be more than the natural rate of growth of output.
• The Harrod-Domar growth model suggests that growth is
• The growth in progressive regions affects the growth in lagging regions through Spread effects and Backwash effects is the analysis put forward by
• In Joan Robinson’s growth model, capital accumulation depends on
• The rate of growth of output which is required to fully employ the entire growing labour force is the
• An underdeveloped economy is characterized by
• Which of the following denotes an underdeveloped economy?
• Economic growth can be measured by: