Question: I'm taking a class on foreign aid and development and this section is on Aid and Growth: Filling the Gaps. I have a 2 part
I'm taking a class on foreign aid and development and this section is on Aid and Growth: Filling the Gaps. I have a 2 part question that I need to respond to. This is in the context of the Savings Gap in the Harrod-Domar Model.
a. List and explain each of the four equations of the Harrod-Domar model.
b. Solve for the growth rate.
Please help with explanations as I really want to learn this. Many thanks!
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