Question
 In the Lewis model, what does the term “surplus
labor” refer to?Solution
In the Lewis model, what does the term “surplus labor” refer to labor that can be withdrawn from the low productivity agricultural sector without a decrease in the total production.
What are the potential consequences of high multicollinearity in a multiple regression model?
GNP exceeds NNP by:
Which of the following statements about contingent valuation is correct?
A bag contains 8 Black and 4 White balls. 10 balls were randomly selected from the Bag. What is the probability that out of the 10 balls selected at ran...
Which one of the following is not an assumption of Classical Linear Regression Model
When the slope of average cost is positive then which of the following holds
In classical linear regression model if we add in 90 in X and Y observation and re-estimate the regression model then slope coefficient
Which among the following is the reason for convergence exhibited by the Solow growth Model ?
What is the investment multiplier when the marginal propensity to consume is 0.60 and the marginal propensity to import is 0.20