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What are Harrod-Domar restrictions?
Harrod-Domar restrictions:
• Non economic social, cultural, political and institutional circumstances are unimportant into growth process
• While capital formation is significant the development of human capital and effective use of latest technologies also raise Gross Domestic Product. Investment is an essential but not adequate condition for improvement
• Suppose closed economy. Within open economy, additional Y might be used for M and not S
• This is complicated to stimulate the desired level of domestic savings
• Meeting a savings gap through borrowing through overseas cause’s debt repayment difficulties later.
• The sector structure of the economy significant (that is agriculture verses industry verses services).
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.
Your student union has decided to support a local charity by fund-raising on a Rag Day to be held in the town. Key events include a fancy dress relay race with teams sponsored by l
Define the macroeconomic stability in market for promoting development. Macroeconomic stability implies that: • Tight fiscal policy that is balanced government budgets and d
β1=0 e5.1 from stock and watson 3rd edition introduction to econometrics Using the data set CPS08 described run a regression of average hourly earnings (AHE) on Age and carry out
what is production nfunction
Types of Transaction on the Capital Account are stated below: It is useful to recall the basic types of transactions recorded on the capital account: foreign portfolio investme
QUESTION Explain the relationship between scarcity, choice and opportunity cost. "In a capitalistic system, Consumer Sovereignty is the key". Explain and discuss this sta
Explain the state intervention approaches for promoting development. State intervention can result within: • Large bureaucracies staffed through friends and relatives of the
Is telecommunication is elastic or inelastic ???
Is migration a problem? Huge scale rural-to-urban migration places a strain onto city economic systems. As like some examples of: • There is inadequate demand for labour to
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