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Labor Economics 5th Edition by George Borjas
Edition 5ISBN: 978-0073511368Labor Economics 5th Edition by George Borjas
Edition 5ISBN: 978-0073511368 Exercise 25
Jane has three years of college, Pam has two, and Mary has one. Jane earns $21 per hour, Pam earns $19, and Mary earns $16. The difference in educational attainment is due completely to different discount rates. How much can the available information reveal about each woman's discount rate
Explanation
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The earnings of Jane, Mary and Pam are a...
Labor Economics 5th Edition by George Borjas
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