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Question 22:
In Harrod's model of economic
growth, if warranted rate is
below the natural rate
growth then it is possible to
maintain steady state growth
at the warranted rate with
हॅरॉड-डोमर प्रतिमानामध्ये जेव्हा इच्छित
वृद्धी दर हा नैसर्गिक वृद्धी दरापेक्षा कमी
असतो तेव्हा वृद्धी दर स्थिर ठेवण्यासाठी
सातत्याने बेरोजगारी वाढ
of
Constant rate of
-----
unemployment
Conting
बेरोजगारीचा स्थि
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Answer:
Harrod built on Keynes's theory of income determination. ... Harrod introduced the concepts of warranted growth, natural growth, and actual growth. The warranted growth rate is the growth rate at which all saving is absorbed into investment.
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