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2 . A miraculous scientific breakthrough allows individuals to live forever . As a re sult , when making labor market decisions they use stationary

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2 . A miraculous scientific breakthrough allows individuals to live forever . As a re sult , when making labor market decisions they use stationary policies ( reservation wages ) , that is , the reservation wage does not vary over time 1 . What is the reservation wage , w * ? 2 . What is the average ( accepted ) wage

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