Describe briefly the essential assumptions


Problem

Describe briefly the essential assumptions and major features of the Todaro model of rural-urban migration. One of the most significant implications of this model is the paradoxical conclusion that government policies designed to create more urban employment may in fact lead to more urban unemployment. Explain the reasons for such a paradoxical result.

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Macroeconomics: Describe briefly the essential assumptions
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