Using the theory developed in this chapter, explain the following: a. Why a worker in Ethiopia is
Question:
Using the theory developed in this chapter, explain the following:
a. Why a worker in Ethiopia is likely to earn much less than a worker in Japan
b. Why the army expects recruitment to rise during economic recessions
c. Why basketball stars earn relatively large incomes
d. Why jobs that carry a health risk offer higher pay than jobs that do not, ceteris paribus
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