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