India's labor force has been gradually shifting out of the low-productivity agricultural sector into the higher-productivity service

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India's labor force has been gradually shifting out of the low-productivity agricultural sector into the higher-productivity service and industrial sectors.
a. Briefly explain how this shift is affecting India's real GDP per capita.
b. Is this shift likely to result in continuing increases in India's growth rate in coming decades? Briefly explain.
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Economics

ISBN: 978-0134106243

6th edition

Authors: R. Glenn Hubbard

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