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Consider the adjusted difference from base group of 17.5 percentage points for the group with spouse's income between $10,000 to $24,999. Explain the significance of
Consider the adjusted difference from base group of 17.5 percentage points for the group with spouse's income between $10,000 to $24,999. Explain the significance of this estimate in plain words. (5 marks) b. Describe the estimated effect of spousal income on a married women's labour force participation. Does it support the income-leisure model? Why or why not?
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