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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.

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Microeconomics, Economics

Category:- Microeconomics
Reference No.:- M9516761

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