Transference Wage as posited by Sir Arthur Lewis is: a. Subsistence Wage with a large premium b. Subsistence Wage c. Subsistence Wage with a small premium d. Subsistence Wage without a premium

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
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1. A) 

Transference Wage as posited by Sir Arthur Lewis is:

a.

Subsistence Wage with a large premium

b.

Subsistence Wage

c.

Subsistence Wage with a small premium

d.

Subsistence Wage without a premium

B) 

the Gender Development Index (GDI) measures achievements in the same basic capabilities as the HDI but is adjusted to take note of inequality in achievement of women only.

Select one:
True
False
 
C) 

The HDI is one indicator which can be used to measure economic development in an economy

Select one:
True
False
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