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What are Harrod-Domar assumptions?
The H-D (Harrod-Domar) model assumes as:
• Fixed capital output ratio. Nonetheless, diminishing marginal returns to capital element exist therefore each successive unit of investment is less productive and the capital to output ratio increases.
• Fixed savings ratio
• A closed economy. Within open economy, extra incomes may be utilized to buy imports as well as not saved.
What are the factors of the economic sectors? The factors of the economic sectors: • Primary sector including natural resources as like agriculture, fishing, quarrying minin
What is meant by the term value tree? Value Tree: A value tree gradually decomposes the overall objectives of a project within more exact objectives which can be agreed through
What is the rational for the optimal use of a variable input?
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how can a community having water shortages issues be resolved using marginal utility and consumer behaviour
a) 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 comm
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Packets per second (pps) are a measure of throughput for network devices like bridges, routers, and switches. It is a reliable measurement only if all packet sizes are the similar.
Three factors which need to be assessed while considering risks are urgency, impact and likelihood. Define what is meant by every of these terms and demonstrate how each might be a
Tasks "Accounting standard setting is a political lobbying process, and as such offers various Opportunities and means for interested parties to affect its outcomes." Require
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