The basic propositions of neo-classical growth theory are:
A. The growth of output depends on the rate of growth of labour productivity
B. The growth of output depends on the level of per capita income
C. The ratio of savings and investment determines economic growth
D. Only investment determines economic growth
Tap an option to check your answer.
Checking your account…
Harrod–Domar and Solow growth models has come up 113 times in 7 exams since 2006.
This question is on The Solow model and its steady state, part of Harrod–Domar and Solow growth models in Economics of Growth and Development.
Growth with substitutable factors: capital per worker settles where saving covers depreciation and dilution.
TestStop has 38 past-paper questions on this subtopic; the nearest in year are below.
Question from the UGC-NET 2025 paper. Solutions are TestStop's own. Not affiliated with or endorsed by any examination authority.