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Refer to the Harris-Todaro migration model. Assume that unemployment is possible and the manufacturing wage is fixed at M1. What is the urban labour pool?
Refer to the Harris-Todaro migration model. Assume that unemployment is possible and the manufacturing wage is fixed at M1. What is the urban labour pool? {a} L3+ L4 \\___/ {a} L4 \\___/ |:/'_'\\:I L 1 \\___/ if": L2 +L3 +L4 \\___/
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