Using the Harrod-Domar Growth Model,suppose One Economy Has to Maintain

question 26

Multiple Choice

Using the Harrod-Domar growth model,suppose one economy has to maintain a growth rate of GDP of 10 percent per year in order to avoid a decline in the average standard of living.Assume in this economy,the saving rate s is fixed at 15%,the capital-output ratio v is 3 and the depreciation rate d is 5%,the gap of ________ in the growth rate of GDP can be provided by foreign aid.

• A) 5 percent.
• B) 10 percent.
• C) 15 percent.
• D) Foreign aid has no help in this situation.

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First 2 Weeks

Often referring to a critical initial period in various contexts, such as the early stage of pregnancy, medication effects, or adaptation phases.

Pregnancy

The state or condition of having a developing embryo or fetus within the female body, which can last about nine months in humans.

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Classification of disorders or conditions based on the specific symptoms presented rather than the underlying causes.

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The extent to which an assessment tool or measurement procedure yields consistent and stable results over time.