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The Industrial Revolution was an important watershed in women’s work in that it shifted the location of work out of the home. Because of the importance of machines powered by water wheels or steam engines, textiles began to be produced in factories rather than in workers’ homes. This change in the location of work made it more difficult for women to combine ...


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Unless I misunderstand the question these seem to be complementing events with probabilities $p$ and $1-p$.


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A thought experiment Let us for a moment suppose that all of the tractors, trucks, fertilizer plants, irrigation systems, shovels and other production equipment (capital goods) used in the US agriculture instantly disappeared and that no food could be imported from abroad. Under these hypothetical circumstances, do you think that all of the expert ballet ...


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Since the authors state that the total labor input is: $$\int t_i(k)dk$$ the meaning of the total labor input in this case would be that it is the sum of all attention $t_i$ allocated over those tasks $k$. For example if we would assume that $t_i (k) = k$ then the labor supply across continuum given by $[0,1]$ would be equal to $\frac{1}{2}$ because $\int k ...


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The brain drain is a difficult issue facing many countries around the world. Simply, they need something to come back to. Laborers generally leave countries because there is insufficient economic activity for them domestically. If a country wants to retain workers, they need to build up educational infrastructure, encourage foreign direct investment, and ...


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