Re: JNU 2006
Posted by samuraijack on Apr 13, 2016; 9:38am
URL: http://discussion-forum.276.s1.nabble.com/JNU-2006-tp7599804p7599812.html
It's Harrod Domar Model
ΔY/Y = s/c...........(i)
where c is capital output ratio, c= K/Y and s is savings rate
so K = cY
ΔK = c ΔY
from i we get c=5
Hence Answer (c)