Consider the following statements
1. In the Robinson model, in the event of the wage rate declining, the income in increasing.
2. Under Robinson model, if the income remains stable then the wage rate is high.
Choose the correct statement
A. Only 1
B. Only 2
C. Both 1 and 2
D. None of these
Answer: Option D
Related Questions on Economic and Society in Sociology
Who treated social capital as universally productive?
A. J. Coleman
B. R. D. Putnam
C. E. Durkheim
D. P. Bourdieu
The Gandhian principle of trusteeship wants to
A. Limit the accumulation of private property
B. Welfare of the working class
C. Reduce income and wealth inequalities
D. All of the above
A. a-2, b-1, c-4, d-3
B. a-2, b-4, c-3, d-1
C. a-2, b-3, c-4, d-1
D. a-2, b-1, c-3, d-4
A. Only 1
B. Only 2
C. Both 1 and 2
D. None of these
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