Economics · Economic Growth and Development
Which of the following models is associated with the 'Sustainable Development Principle' (or continuous steady growth) in growth theory?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Lewis Model
- 2Joan Robinson's Model
- 3Leibenstein's Critical Minimum Effort Thesis
- 4Harrod-Domar Model✓
Correct answer
Harrod-Domar Model
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