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Economics › Economic Growth,LPG,Planning
Economic growth in country X will necessarily have to occur if
(a)
there is a technical progress in the world economy
(b)
there is population growth in X
(c)
there is capital formation in X
(d)
the volume of trade grows in the world economy
(C)
Disguised unemployment generally means
large number of people remain unemployed
alternative employment is not available
marginal productivity of labour is zero
productivity of workers is low