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Questions › UGC-NET › UGC-NET 2026 › Q66
2 marksEconomics of Growth and Development › Harrod–Domar and Solow growth models › The Harrod-Domar modelHardabout 2 min

UGC-NET 2026 Question 66: Harrod–Domar and Solow growth models

The Harrod model of economic growth has following assumptions:
A. Diminishing Return to Scale
B. The level of ex-ante aggregate saving is a constant proportion of aggregate income
C. The overall effect of Technical Progress is neutral
D. The Capital-output and Labor-output ratio are flexible

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Harrod–Domar and Solow growth models has come up 113 times in 7 exams since 2006.

What this question tests

This question is on The Harrod-Domar model, part of Harrod–Domar and Solow growth models in Economics of Growth and Development.

Growth driven by saving and the capital-output ratio, and why it is knife-edge.

TestStop has 27 past-paper questions on this subtopic.

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