Q
The Lawis model explains how growth gets started in a less developed economy ?
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A
A. With an average product of labor in agriculture that is negative
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B
B. With a downward-sloping supply curve of labor
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C
C. With a marginal productivity of labor zero or negligible in industry
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D
D. With a traditional agricultural sector and an industrial capitalist sector
Correct Answer:
D. D. With a traditional agricultural sector and an industrial capitalist sector
