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Harrod-Johnson diagram. In DICTIOUS you will not only get to know all the dictionary meanings for the word
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English
Etymology
Named after economists Roy F. Harrod and Harry G. Johnson.
Noun
Harrod-Johnson diagram (plural Harrod-Johnson diagrams)
- (economics) A way of visualizing the relationship between the output price ratios, the input price ratios, and the endowment ratio of two goods.