πŸ“Š Growth and Development
Q. The instability of equilibrium in the Harrod model was used by him to explain the business cycles above and below the trend path of --------
  • (A) warranted (required) rate of growth
  • (B) actual rate of growth
  • (C) sustainable rate of growth
  • (D) natural rate of growth
πŸ’¬ Discuss
βœ… Correct Answer: (A) warranted (required) rate of growth

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