A) Gibrat's law
B) Goodhart's law
C) Hubbert's law
D) none of these
Correct Answer: A
Solution :
Gibrat's law (sometimes called Gibrat's rule of proportionate growth or the law of proportionate effect) is a rule defined by Robert Gibrat (1904-1980) in 1931 stating that the proportional rate of growth of a firm is independent of its absolute size.
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