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Money To Blow - Birdman
They can't help it, and I can't blame em
This song makes it seem like all rappers have enough "money to blow". Using economic reasoning, explain whether you think Birdman is the exception or the average? What is the problem with only analyzing the lifestyles of rappers you see on television?
What is the opportunity cost of becoming successful enough to have "money to blow?" Does it vary across industries? Your answer should include a discussion of industry specific human capital.
[Provided by Ulysses Smith - Beloit College]