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1.In the Harrod-Domar model of economic development, technological advancement is shown by: a)An increase in k b)An increase in s c)A decrease in s d)A

1.In the Harrod-Domar model of economic development, technological advancement is shown by:

a)An increase in k

b)An increase in s

c)A decrease in s

d)A decrease in k

2.The Lewis 2-sector model differs from the Harrod-Domar model in that it:

a)Excludes labour

b)Excludes capital

c)Includes capital

d)Includes labour

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