Economics · Macroeconomic Growth Models
In the Harrod growth model, investment is formulated as a function of which of the following variables?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Growth rate of population
- 2Current rate of change of national output✓
- 3Current change in national output
- 4Absolute level of national output
Correct answer
Current rate of change of national output
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