Granger-Causal is a: 1) Technology test hypothesis 2) Statistical test hypothesis 3) Cultural test hypothesis 4) Financial test hypothesis. As industries mature: 1) Employme... Granger-Causal is a: 1) Technology test hypothesis 2) Statistical test hypothesis 3) Cultural test hypothesis 4) Financial test hypothesis. As industries mature: 1) Employment accelerates 2) Employment decelerates 3) Junior employees become less important 4) None of the above. Food delivery companies such as Zomato and Swiggy brought this change to the employment scenario: 1) Huge formal employment on full-time rolls.
Understand the Problem
The questions are assessing knowledge related to economic concepts and statistical hypotheses, specifically the Granger-Causality test and employment trends in maturing industries.
Answer
["Statistical test hypothesis","Employment decelerates","None of the above"]
Granger-Causal is a statistical test hypothesis. As industries mature, employment decelerates. Food delivery companies such as Zomato and Swiggy brought formal employment but often rely on gig and part-time employment rather than huge formal employment on full-time rolls.
Answer for screen readers
Granger-Causal is a statistical test hypothesis. As industries mature, employment decelerates. Food delivery companies such as Zomato and Swiggy brought formal employment but often rely on gig and part-time employment rather than huge formal employment on full-time rolls.
More Information
Granger causality is a vital tool in econometrics for forecasting. As industries mature, they often stabilize, leading to less need for rapid employment growth, hence employment decelerates.
Tips
Care should be taken to understand economic relations and industry cycles. Ensure to distinguish formal employment from gig and part-time arrangements offered by modern service platforms.
Sources
- Introduction to Granger Causality - Aptech - aptech.com
- Granger causality - Wikipedia - en.wikipedia.org
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