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4. Derive the Slutsky Equation and demonstrate its Slutsky symmetry. Interpret the symmetry. 5. The City Government has been using the police force to evict

4. Derive the Slutsky Equation and demonstrate its Slutsky symmetry. Interpret the symmetry. 5. The City Government has been using the police force to evict hawkers from the Central Business District (CBD). Construct a discrete choice economic model that the Government can use to incentivize hawkers to shift voluntarily to a location outside of the CBD.

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