Economics · Economic Growth Models
The problem of Harrodian instability is solved in the neoclassical Solow growth model primarily by the:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1variation in income distribution.
- 2variation in the population growth rate.
- 3variation in the savings rate.
- 4variation in output-capital ratio due to factor substitutability.✓
Correct answer
variation in output-capital ratio due to factor substitutability.
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