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Suppose the rural wage is $1 per day. Urban modern sector employment can be obtained with 0.05 probability and pays $2 per day. Will there

Suppose the rural wage is $1 per day. Urban modern sector employment can be obtained with 0.05 probability and pays $2 per day. Will there be any rural-urban migration? Explain your reasoning, stating explicitly any simplifying assumptions, and show all work

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