article is posted on Canvas. Your assignment consists of writing a SHORT essay that describes the MAIN FACTS discussed in this article andprovides a basic interpretation of the article's economic content. More specifically, please follow the instructions providedbelow and answer the questions specified in these instructions. You may use as references the article, your textbook, andyour class notes. Note that any collaboration among students on writing this short paper will be considered aviolation of the honor code.
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