Labor Economics
Labor Economics
7th Edition
ISBN: 9780078021886
Author: George J Borjas
Publisher: McGraw-Hill Education
Question
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Chapter 11, Problem 13P

(a)

To determine

Reasons why the school district offers a policy of 2 years of 15% raise to its teachers.

(b)

To determine

Reasons for insolvency in the teacher pension system.

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