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How is Harrod-Domar model used in planning?
The Harrod-Domar model is helpful to government for setting target rates for saving required to deliver a specified rate of economic growth.As like an example as suppose k = 4 and target rate of growth is four percent. What is the essential savings ratio? 6 = s/4 which is 16percent.
When the current savings ratio is as around 4 percent in that case cet par, growth will be only one percent, therefore the savings gap to acquire the target 4 percent growth rate is 12 percent.
Ask quWhich one of the following is TRUE? a. Small changes in the annual growth rate amount to a measurable difference in the long-term growth trend of a country. b. For ev
Suppose you have ten individuals with values ( $1, $2, $3, $4, $5, $6, $7, $8, $9, $10) . Your marginal cost of production is $2.50. What is the profit maximizing price?
QUESTION (a) Explain the law of demand and the factors affecting demand. (b) Explain and illustrate how demand of a commodity will change if there is a tax on that product.
Why might the point at which the long-run average cost curve levels out change over long periods of time? include a diagram.
Define economies grow of less developed countries by developing its secondary sector. Less developed countries economies grow by developing its industrialising: Manufacturi
Aska) Explain why each of the following factors may influence the own price elasticity of demand for a commodity. (i) Consumer preferences, that is, whether consumers regard the c
need help how to write a introduction for the assignment of business environment
Marris'' Model OF MAXIMISING POLICY
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Assume the firms cost function is: C(Q)= 100+10Q+Q^2 , Determine whether this industry is a natural monopoly when the demand function is: 1) D(P)= 100-3P 2) D(P)= 90-3P 3) D(P)= 10
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