Economy, asked by tsenyani, 1 year ago

describe pasinetts theory of economic growth and distribution​

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Answered by Nitish0001
0
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━━━━━━━━━━━━━━━━━━━\mathfrak{\green{Answer.}}In classical (Ricardian) economics, thetheory of production and the theory ofgrowth are based on the theory or law of variable proportions, whereby increasing either of the factors of production (labor or capital), while holding the other constant and assuming no technological change, will increase output, but at a ...
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