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The Determinants Of Aggregate Output In The Mining S

The Determinants Of Aggregate Output In The Mining S

2020-5-30These determinants of economic growth affect 1 the rate of investment and 2 captia-output ratio. Therefore, the rate of economic growth, that is, increase in GNP depends upon the rate of investment and capital-output ratio. This fact is brought out by the growth models of Harrod and Domar.

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