Economics · Economic Growth and Distribution
In Kaldor's model, the main determinant of income distribution between wages and profits is the:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Level of government expenditure
- 2Rate of population growth
- 3Propensity to save out of wages and profits✓
- 4Rate of technological innovation
Correct answer
Propensity to save out of wages and profits
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