As per Arthur Lewis Model, reinvestment of surplus income over wage results into:
A. Increase in production
B. Increase in Labour productivity
C. Increase in Employment
D. Price Increase
Tap an option to check your answer.
As per Arthur Lewis Model, reinvestment of surplus income over wage results into:
A. Increase in production
B. Increase in Labour productivity
C. Increase in Employment
D. Price Increase
Tap an option to check your answer.
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Theories of development has come up 59 times in 6 exams since 2010.
This question is on Dual-economy models, surplus labour and migration, part of Theories of development in Economics of Growth and Development.
Models of a traditional sector that supplies labour to a modern one.
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Question from the UGC-NET 2026 paper. Solutions are TestStop's own. Not affiliated with or endorsed by any examination authority.