The main reason for low growth rate in India, in spite of high rate of savings and capital formation is
Options
(a)high birth rate
(b)low level of foreign aid
(c)low capital / output ratio
(d)high capital / output ratio
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Class 12Determination of Income and Employment— NCERT Economics, Chapter 4. This chapter builds Keynes's short-run model of national income with prices and the interest rate held fixed. Planned (ex ante) values matter, not accounting (ex post)…
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