Card 1 of 27
In the Harrod-Domar model,
[...] \text{[...]} [...]A
growth rate=savings ratio−capital-output ratio
\text{growth rate} = \text{savings ratio} - \text{capital-output ratio}
growth rate=savings ratio−capital-output ratio
B
growth rate=savings ratiocapital-output ratio
\text{growth rate} = \dfrac{\text{savings ratio}}{\text{capital-output ratio}}
growth rate=capital-output ratiosavings ratio
C
growth rate=capital-output ratiosavings ratio
\text{growth rate} = \dfrac{\text{capital-output ratio}}{\text{savings ratio}}
growth rate=savings ratiocapital-output ratio
D
growth rate=savings ratio×capital-output ratio
\text{growth rate} = \text{savings ratio} \times \text{capital-output ratio}
growth rate=savings ratio×capital-output ratio
Card 1 of 27
4.3.2 Factors influencing growth and development Flashcards
27 flashcards on Edexcel A A Level Economics 4.3.2 Factors influencing growth and development: the key terms, economic models and case studies you need to recall for Paper 1, Paper 2 and Paper 3.