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3. There is an increase in the labor force participation of women in India. How does this affect output per worker and growth in the
3. There is an increase in the labor force participation of women in India. How does this affect output per worker and growth in the long run? (a) Increases output per worker and causes a temporary growth but not in the long run (b) Decreases output per worker as diminishing returns sets in (c) Increases output per worker and causes sustained growth in the long run (d) Does not affect output per worker or growth in the long run (e) Decreases output per worker as there is not enough capital.20. A real depreciation leads to an immediate improvement in the trade bal- ance. (a) True, it does lead to an improvement of exports more than imports and hence an improvement in trade balance. (b) False, it does not. (c) True, it does (d) False, it does only if Marshall-Lerner conditions are satisfied
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