4079EconomicsMedium
The Harrod Domar growth model suggests that growth is?
Adirectly related to the capital/output ratio and inversely related to savings
Bdirectly related to savings and inversely related to the capital/output ratio
Cdirectly related to savings and the capital/output ratio
Dindirectly related to savings and the capital/output ratio
Correct answer
B. directly related to savings and inversely related to the capital/output ratio
Explanation
The correct answer is directly related to savings and inversely related to the capital/output ratio.