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Verdoorn's Law

Verdoorn's Law in economics is essentially the difference between fiscal policy and estimated GDP within a substantiated set of circumstances. If the latter falls between 1% and 5% it is said to be out of proportion and thus disqualifying it from Verdoorn's Law.

Last updated: 09-27-2005 17:23:54
Science Fair Project Encyclopedia Contents Page
10-26-2009 08:16:03
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