Given below are two statements: one is labelled as Assertion A and the other is labelled as Reason R Assertion A: The diagonal elements of the Leontief matrix |I-A must be positive i.e. a11, a22. a33...an should all be less than 1. Reason R : If aii 1 for some i, one or more units of the ith industry would be required to produce one unit of itself and as such no net profit can be secured under such circumstances. In the light of the above statements, choose the correct answer from the options given below

Question

Given below are two statements: one is labelled as Assertion A and the other is labelled as Reason R Assertion A: The diagonal elements of the Leontief matrix |I-A must be positive i.e. a11, a22. a33...an should all be less than 1. Reason R : If aii> 1 for some i, one or more units of the ith industry would be required to produce one unit of itself and as such no net profit can be secured under such circumstances. In the light of the above statements, choose the correct answer from the options given below

cdquestions Admin · Accepted Answer

The correct option is (A):Both A and R are true and R is the correct explanation of A

Answer

Both A and R are true and R is the correct explanation of A

Answer

Both A and R are true but R is NOT the correct explanation of A

Answer

A is true but R is false

Answer

A is false but R is true

	LIST I		LIST II
A.	Theory Y	I.	David McClelland
B.	Hierarchy of Needs Theory	II.	Abraham Maslow
C.	Three-Needs Theory	III.	Frederick Herzberg
D.	Motivation-Hygiene Theory	IV.	Douglas McGregor

The Correct Option is A

Solution and Explanation

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