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Economics

Which of the following statements is incorrect?

A. the essence of balanced growth is that the economy should advance at a steady rate with savings equal to investment
B. the thesis of development with unlimited supplies of labor was originally formulated by R. Nurkse
C. the capital-output ratio is the inverse of the annual rate of return on productivity of capital
D. E.D. Domar assumed that full employment of labor and capital occurred simultaneously

CORRECT ANSWER IS: the thesis of development with unlimited supplies of labor was originally formulated by R. Nurkse