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Explain, in words (not equations) the key assumptions of the Harrod-Domar model. b) In the Harrod-Domar model of economic growth, what is the most important

Explain, in words (not equations) the key assumptions of the Harrod-Domar model.

b) In the Harrod-Domar model of economic growth, what is the most important factor that can increase economic growth in the long run?

c) What is the connection between the answer to (b) and poverty traps in developing countries?

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