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The national living wage: does it help or hurt the low-paid?

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The monetary transmission mechanism

Growth and deevelopment in the Harrod-Domar model

How can the process of economic growth and human development be stimulated by mobilising a country’s resources?

• Saving by households and firms can provide a flow of loanable funds in financial markets.

• In less-developed countries, this may be difficult given the low incomes of households and the weak profitability of firms.

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Previous

The national living wage: does it help or hurt the low-paid?

Next

The monetary transmission mechanism

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