Economics · Structural Transformation & Agriculture
If India's GDP share of agriculture declines while its employment share remains high, what is the most likely implication?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Structural balance achieved
- 2Higher agricultural productivity
- 3Increasing disguised unemployment✓
- 4Rising rural wages
Correct answer
Increasing disguised unemployment
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