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ECONOMICS-2015: Daily Answer Writing Challenge -30

ECONOMICS-2015: Daily Answer Writing Challenge – 30

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  1. Point out the critical elements in typical PPP agreements in infrastructure projects to safeguard the interests of the public.
  2. Explain the Lewis model of structural change from an agricultural economy to a modern industrial economy. State three major criticisms of the Lewis model.
  3. Explain the Harrod Domar Model and the reason for the knife edge equilibrium of growth in the long run.