Question: C10.3 Add the variable log(prgnp) to the minimum wage equation in (10.38). Is this variable significant? Interpret the coefficient. How does adding log(prgnp) affect the
C10.3 Add the variable log(prgnp) to the minimum wage equation in (10.38). Is this variable significant? Interpret the coefficient. How does adding log(prgnp) affect the esti- mated minimum wage effect?
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