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1. Define the concept of labor force participation rate (LFPR) 2. Explain the trend increase in the female participation rate in labor force in recent

1. Define the concept of labor force participation rate (LFPR)

2. Explain the trend increase in the female participation rate in labor force in recent decades

3. Define 'Discouraged worker' effect

4. Define Cobweb Model

5. Define the Rate of return to schooling

6. Define Discrimination coefficient

7. Define the Hicks Paradox

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