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Suppose that the equilibrium wage in industry A is $47,000. Industry B is riskier with workers having a 10% greater chance of dying on the job; the wage in industry B is $61,000. What is the implied valuation of a life year?

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Suppose that the equilibrium wage in industry A is $47,000. Industry B is

riskier with workers having a 10% greater chance of dying on the job; the wage in industry B is $61,000. What is the implied valuation of a life year?

 
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