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can I please get an answer to this problem?3. Consider the following simple model for wages log(wage-Ao + β,educ + u, where wage is the hourly wage and educ is the number of years of education. Define a. gender dummy female equaling 1 for women and 0 for men. Write out an enhanced model to account for possible wage differences between women and men due to the basic wage level and due to amount of education.

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The simple model for wages is given as follows: log (wage) = R + Beduc + ll Here, wage is the hourly wage and educ is the num

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