6. Suppose that in the year 2008 the number of births is temporarily high. How might this...
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6. Suppose that in the year 2008 the number of births is temporarily high. How might this baby boom affect the price of baby-sitting services in 2013 and 2023? (Hint: 5-year-olds need babysitters, whereas 15-year-olds can be babysitters.)
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Related Book For
Business Economics
ISBN: 388402
2nd Edition
Authors: Mark P. Taylor, Andrew Ashwin, N. Gregory Mankiw
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