In Joan Robinson’s growth model, capital accumulation depends on

Related MCQs

• The Harrod-Domar growth model suggests that growth is
• Which growth model inspired the use of capital-output ratio for development planning?
• The growth in progressive regions affects the growth in lagging regions through Spread effects and Backwash effects is the analysis put forward by
• The rate of growth of an economy mainly depends upon:
• 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 is based on the relationship of what two economic elements?
• Harrod-Domar model of growth is based on the concepts of and their equality
• Lumpinessof capital, especially in the creation of social overhead capital is called
• In the Solow model, if capital is in the steady state, output:
• Economic growth can be measured by: