If the capital-output ratio is 4:1 and the annual growth rate of population is 2.5% what will be required rate of investment in the economy in order to achieve 3% growth per annum in per capita income?

Question:
  If the capital-output ratio is 4:1 and the annual growth rate of population is 2.5%  what will be required rate of investment in the economy in order to achieve 3% growth per annum in per capita income?

1.30%

2.20%

3.15%

4.12%

Posted Date:-2021-08-16 08:11:52


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