6. Suppose that in the year 2005 the number of births is temporarily high. How does this...
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6. Suppose that in the year 2005 the number of births is temporarily high. How does this baby boom affect the price of baby-sitting services in 2010 and 2020? (Hint:
5-year-olds need baby-sitters, whereas 15-year-olds can be baby-sitters.)
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