In the Lewis model,in the capitalist sector,worker are paid the value of marginal product of labor is
A) zero.
B) positive.
C) negative.
D) determined in the labor market.
Correct Answer:
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Q2: In the Harrod-Domar growth model,if the saving
Q3: In the Harrod-Domar growth model,if the depreciation
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Q6: Using the Harrod-Domar growth model,suppose one economy
Q7: Dualism refers to the belief that developing
Q8: In the Lewis model,after the structural change,the
Q9: In an economic model:
A) exogenous variables and
Q10: Using the Harrod-Domar growth model,suppose one economy
Q11: The structural change that accompanies growth in
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