Economics · Economy
The unbalanced growth hypothesis is formulated on which of the following assumptions?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Expansion takes place simultaneously on several fronts
- 2Limited supply of labour but unlimited supply of capital exists
- 3Unlimited supplies of labour and capital are available
- 4Supplies of capital and labour are limited✓
Correct answer
Supplies of capital and labour are limited
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