joan Robinson's growth model deals with
1.desired growth rate
2.possible growth rate
3.natural growth rate
4.warranted growth rate
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4.warranted growth rate is the correct answer.
Joan Robinson's growth model deals with warranted growth rate.
The warranted growth rate is the rate which is absorb into the investment.
For example, if people save 10% of their income and economic ration are 4, then the economies warranted growth rate is 2.5. (10/4)
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4:warranted growth rate.
HöPe ïT hèLps u (灬♥ω♥灬)
4:warranted growth rate.
HöPe ïT hèLps u (灬♥ω♥灬)
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