India has enjoyed substantial economic growth over the past decade. Which of the following best captures the concerns about the sustainability of this growth?
A) Without better human capital and infrastructure , the high growth rates cannot be sustained.
B) As long as the labour force participation rate is rising, growth can still continue, despite a lack of technological progress.
C) As long as the amount of capital per hour worked continues to expand, the growth rate in India will continue to rise at an increasing rate.
D) Agricultural workers will continue to expand their productivity, thereby allowing India to achieve growth rates above those of higher-income countries.
E) India will become overly reliant on local demand and should focus more on export led growth.
Correct Answer:
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