2. In order to have a higher and inclusive growth, "Capital in its different forms whether (i) public, or (ii) private, or (iii) household savings, or (iv) institutional credit is the key driver of overall growth or agricultural growth". Give arguments in support of and against this.

2. In order to have a higher and inclusive growth, "Capital in its different forms whether (i) public, or (ii) private, or (iii) household savings, or (iv) institutional credit is the key driver of overall growth or agricultural growth". Give arguments in support of and against this.

MACROECONOMICS

14th Edition

ISBN:9781337794985

Author:Baumol

Publisher:Baumol

Chapter7: Economic Growth: Theory And Policy

Section: Chapter Questions

Problem 2DQ

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2. In order to have a higher and inclusive growth, "Capital in its different forms whether
(i) public, or (ii) private, or (iii) household savings, or (iv) institutional credit is the
key driver of overall growth or agricultural growth". Give arguments in support of
and against this.

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