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Suppose there has been an increase in female labor force participation, just like in the United States. Show how to model this change on a
Suppose there has been an increase in female labor force participation, just like in the United States. Show how to model this change on a labor supply and demand diagram. What happens to the employment-population ratio and what happens to the wage? Explain. (Note this question is not a continuation of any of the previous questions.)
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