Assume the wages in two countries are determined by the, Ask an Expert

Economics

Assume the wages in two countries are determined by the level of education only. In country A all adults have 14 years of schooling and in country B 6 years of schooling. Using the same return to education data as in problem 1, compute the ratio of income in the two countries.

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91856000

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