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Consider a high-school educated and a college educated household, with wages wH and wC, respectively, that satisfy wH < wC. Holding other parameters fixed, which
Consider a high-school educated and a college educated household, with wages wH and wC, respectively, that satisfy wH < wC. Holding other parameters fixed, which of the households supplies more labor? Which of the household consumes more? Are these results in line with empirical evidence
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Agricultural Economics
Authors: Evan Drummond, John Goodwin
3rd edition
136071929, 978-0136071921
