Question: 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

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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