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MRP Technique- Sectoral Distribution of Targeted Increase in GDP
There are two ways of increasing the GDP:
(i) Project and accomplish the growth in various sectors through linear increases, and
(ii) Modernise or diversify the economy effecting structural changes therein.
In a given year, the contribution of each sector of the economy to the total GDP and the same as a proportion to the total is known. Keeping in view the proposed policy interventions the contribution and share of each sector can be determined.
Why demand curve is always negative and write its effects.
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