9 Using the theory developed in this chapter, explain the following: a. Why a worker in Ethiopia...
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9 Using the theory developed in this chapter, explain the following:
a. Why a worker in Ethiopia is likely to earn much less than a worker in Japan.
b. Why the army expects recruitment to rise during economic recessions.
c. Why basketball stars earn relatively large incomes.
d. Why jobs that carry a health risk offer higher pay than jobs that do not, ceteris paribus.
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