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    Economic Development Study Set 2
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    Exam 3: Classic Theories of Economic Growth and Development
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    Which of the Following Is an Assumption of the Lewis
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Which of the Following Is an Assumption of the Lewis

Question 12

Question 12

Multiple Choice

Which of the following is an assumption of the Lewis two-sector model?


A) surplus labor in the rural sector
B) high unemployment in the urban modern sector
C) rising real urban wages
D) rising marginal product of labor in the rural sector

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