Thinking about the lecture material including the models and the discussions, express whether you agree/disagree with each of the comments below. Also briefly state why you agree/disagree and explain using your intuition. Your answers for each of the parts below should not exceed one page. An optimal answer requires a lot less than a page for each part. a. When a country goes through structural transformation the number of jobs in the agricultural sector should be declining in absolute sense, i.e., there has to be less and less number of jobs in the agriculture sector in the process of structural transformation.
Thinking about the lecture material including the models and the discussions, express whether you agree/disagree with each of the comments below. Also briefly state why you agree/disagree and explain using your intuition. Your answers for each of the parts below should not exceed one page. An optimal answer requires a lot less than a page for each part. a. When a country goes through structural transformation the number of jobs in the agricultural sector should be declining in absolute sense, i.e., there has to be less and less number of jobs in the agriculture sector in the process of structural transformation.
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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