Question

Explain two sector model with the saving and without saving with the help of diagram​

Answer 1

Explanation:

Broadly speaking, the two-sector model is an analytical framework that embodies stylized dynamic economies with two production processes. Each sector is devoted to the production of a unique good, and there are usually two factors of production that can freely move across sectors.

Answer 2

Answer:

Broadly speaking, the two-sector model is an analytical framework that embodies stylized dynamic economies with two production processes. Each sector is devoted to the production of a unique good, and there are usually two factors of production that can freely move across sectors.