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3 part question: In the context of Foreign Aid and Development: a) List and Explain each of the four equations of the Harrod-Domar Model b)
3 part question: In the context of Foreign Aid and Development:
a) List and Explain each of the four equations of the Harrod-Domar Model
b) solve for the growth rate.
c) How is the Harrod-Domar Model and the Savings Gap related to Rostow's theory of economic growth ( Rostow's The Stages of Economic Growth: A non-communist manifesto)
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