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16. Consider the child labor model of multiple equilibria: Wage Employment 10,485 12,376 14,961 Forecast the wage and the level of child labor and adult

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16. Consider the child labor model of multiple equilibria: Wage Employment 10,485 12,376 14,961 Forecast the wage and the level of child labor and adult labor in a country with the following initial wages: Initial Final Final Final Wage Wage Adult Labor Child Labor $115 $123 $130 $154 $160 $187 $190

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