Economics · Kaldor Growth Model
In Nicholas Kaldor's growth and distribution model, the marginal propensity to save of wage earners (Sw) and profit earners (Sp) is assumed to satisfy:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Sw < 0
- 20 ≤ Sw < Sp ≤ 1✓
- 3Sw = 0
- 4Sw = 1
Correct answer
0 ≤ Sw < Sp ≤ 1
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