i) The traditional sector can produce a maximum of 100 million kg of food. Suppose the number of workers in this sector is 75 million. Then, what would be the wage rate in the traditional sector? According to the Lewis model, what is the magnitude of surplus labor? Do the producers in this sector make their decisions on the basis of profit maximization?

if i need to borrow money for anything, it would be for something like a house or an apartment but, that depend on the situation.

is this good enough?

hi,

henry is an economist and wants to understand the relationship between inflation and consumer spending habits. for his research, he needs the consumer price index for 2014 and the inflation rate. based on the prices of goods given, what will he find to be the cpi and inflation rate for 2014? assume that a consumer’s basket for three consecutive years consists of the following:

you dont privide answer choices.

answer - 15% of a inflatation rate is 15% less in cpi

answer; sensory adaptation;