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8 January, 14:50

The underlying assumption of the harrod-domar growth model is that

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  1. 8 January, 17:02
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    The underlying assumption of the Harrod-Domar growth model is that Growth is mainly determined by capital accumulation through savings

    The Harrod-Domar model is a model of economic growth. According to the Harrod-Domar model, economic growth depends on two important factors, the saving ratio and the capital output ratio.
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