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Page 12: joLpu bL - nber.org · M0LJC 2UG }JiLq MG OPWIU jouiufqnJJ qw 0U GCjJ bLoqnctou flUG 4o GiurnG xGq Gc bLcpcGa uq O}JGL iIJG-2bCcqjc qGGLuJIua1u2 o bLoqnc4uA jrn MG C0flGCiG Low cp

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JG op wcpoq B2q OU pG }flçJ 2C01G 4JJ4 GCjJ LGCGIAG JOU 5JJG bLiucibJ

Page 29: joLpu bL - nber.org · M0LJC 2UG }JiLq MG OPWIU jouiufqnJJ qw 0U GCjJ bLoqnctou flUG 4o GiurnG xGq Gc bLcpcGa uq O}JGL iIJG-2bCcqjc qGGLuJIua1u2 o bLoqnc4uA jrn MG C0flGCiG Low cp

GdflJbWGIJI ULG iulLoqncGq

uq AU&JG 10 UJGfJLG -LJJ0JJ1JJ bcLioq2 1.LOW (JIG q1G pII ii? UGM Wg]OL bIGCG2 01.U qnuJwi. 10 IIJqICU(G }J1JJ UlJq Jo//h 1GAG1 01 couibnGk COIJILOI 01. flUC obGL!ou2

(0 ULJIJJ 01. (jiG JIUG iiq WGflLG 0 (jiG 9G 01 OIJG biGcG 01 Gdfl1bUJCIJ( ( Guq 0I (JiGuq ',iqp drniLcq UIUG qnwwJG2 10 JUqIcUIG bccJc bcc oi Gdn!bwGLfl ILOW0I Cfl(OWCL UJXI1JJ(1W bcq o JIUG iiq bGGq 2dnLcq WiXIWflW MI( 01. [JiG

-- C0"! ALWG2 iii cojriwu ?-8 iJj C0LflL0} fl(G !U UOG qnwu 10L bG

2CJJG1TG WUUJIGLJUJJCG jJiI1?2(LLnb obGLLiou J-(0-) iuqGx 0I, dflPL? 01. 2(GGI !Ubfl( IJ1WGL °1. 91JLJI1J -JJ0flLiuqictGq pA 1jL VIGjAG W01JJ o obGL1;ou iuq J-(O-J3 £JJJJG 1LGJJ i0L UJOIJIJi 01.AGL2 dnm.cq AGUL I!UG M2 pflIJI uq )GL P!J[ 2dn1.Gq qriuiuiA 1.01 nb bGLioq

-- C°'-I'-OI /SUJG2 iii C0]flUJU2 J-( LG: 1Jf1WCL 01.ACL2 l!LJG JJ2 GGU obGLt,IJ uq

* -- IiUIIJC9IJ1

** -- 2i1JiLjCL1( 1-- IIJUJCSLI( OJ-J'J

0(G2 (0 L1PJG

.55

(oos) (oo3) (oos) (oos)Y HWV 21GW 3 008*** O3*** O3f***

(oo4) (oo4) (oo3) (o03)3 HJcV1 2>21GW S O3*** 011***

(oo) (oo) (ooQ) (ooQ)F HBV 2(GW I

HI5 2tGW (1) (3) (3) ()bLC1CG2 2COLG 2COLG iuq10 H1�V'I 10 .40IJ.J1U(G (0 QflUW [0 O

vccoLqi'J 'qccoLquJ yccoLqiu VccoLqiIJcjuq cjuq cijq

(coJnuJu2 j -or' /OqGJ2 M1JJOfl( c[JjGq ACP!LJG1.A C°'.JR°R

[DGbcuqcut upj: •j,jj}2W[Cq Loqncq/JO EU.6C2 O }p4Jfl 22GW2

.LVBFE t

Page 30: joLpu bL - nber.org · M0LJC 2UG }JiLq MG OPWIU jouiufqnJJ qw 0U GCjJ bLoqnctou flUG 4o GiurnG xGq Gc bLcpcGa uq O}JGL iIJG-2bCcqjc qGGLuJIua1u2 o bLoqnc4uA jrn MG C0flGCiG Low cp

LOL 1IJ 2)2IGW ] COGUJCICLJI CJfl2C hO iIJC 2MUcJJ !IJ(O 1P!2 L0flbLbC[iAX: os Coo2) uq (oo2Y JJJL uo xq 2r!Wt2u /P!CJJ [G cocicu LnJq (iuqq LLo) IOL 2A2[GW 5 iiiq 1c.hJJ 3 TLnuqL cJ?2qjciou bwcqnL2 cbi IOL o-to- H}V uqq -- c0Jcu ou i-n�v OLonb ru jxcq jc woqjGdr1ibwcu !ufjrqiucioqncliou OIç gu?, uii uJioL b!;c2 o wcpiuQ ,LOUJ ij qic ;i uriirurLoqrJc;q iiq 21iw9Iq cpu ru rji in 01 cgbrrij qn 10woulp buoq J,LOW IP qIG LJ( u? u;i, wgloL br;c o dnibUJU[

o uq-o-p-rug brcc o dnrbwin ASLiJpJc (0 W11L -£iwc [LGLJ IOL WOrJ(JJ 0, 2rLLnb obLg!ou J-[0-) wqx 01 drrju? 01 i0L rinb bLroq2 wqicu(q p?. UL2I £/iJA worirjn o, obLnou iiq 1-10-15

C -- COnOI p)2 ru conwu o JIhJG uq c 2dnLq: qnrllw

JOL2 £0 LP1 (c0ut!LJnq):

('003) (oo3) (oo) ('003) ('002)'05J*** '00***

('002) ('002) ('00?) ('003) (oog)035*** •0'4J*** 00*** '0T***

(oo) (oo) (oo) ('002)

(2) (Q) (,:) () (o)

bLC(JCc2 C0L 2C0L bL0CqflL2q(0 HIV ro 140WiIJ[ (0 QflttW1J [0 0- HBY' CJUCEOLTccoq VccoLqiIJ yccoiqiu qccoqw EOL vTJJ

c12wq(cojnwu2 2 - (cojnwu )

F2 YT0 MP 1AICpJUGLJ\ C010J2p EC;[cbuqcu A!pJ: bwc

LoqnCqA(A EU.C O, H11A1 2uJ21v13r'E (couiuncq)

Page 31: joLpu bL - nber.org · M0LJC 2UG }JiLq MG OPWIU jouiufqnJJ qw 0U GCjJ bLoqnctou flUG 4o GiurnG xGq Gc bLcpcGa uq O}JGL iIJG-2bCcqjc qGGLuJIua1u2 o bLoqnc4uA jrn MG C0flGCiG Low cp

.emitqu enil no aeLdiisv 2mety M5IH edt Th t3sqmi efit

eLdaimV loitnoD to t33II 'flivlt3Ubolq

edt ieqsq 2irlt b IJ3oI edt sis eIdsnsv M5IH edt bo at3eTte 'tivit3ubrnq edt elifiW

.tns3flini2 1Is3!titst2 eis bnn 2fli2 bst3eqxe edt evsrl 2eIdsnsv Ioltno3 efit no tnei3fl1eo3

lebom 4 elcisT nmIJIo3 edt io1 tnsi3ifleo3 to te IhuI edt 2rloqeI A xibnsqqA iii eldsT edT

edt noitsit2svni bIei1 iuo moil bst3eqxe A .eIdsiisv Ioltno3 b te belisteb edt nivd

Ieet2 'ii1sup iewot ;e3nsneinism be1ubeib eI :rltiw 2'sIeb eiom ev'srf aenil tsdt wocf atLui

23331q W8f1 lb noit3uboltni edt ;aenil wen bnsid idt aboiieq qutiste ;aeio1ond3et ieblo ;tuqni

abeeqa enil iedir! bns ;tnemqiupe 10

aeldsiisV ymrnuU mstay M5IH lb at3elH vtivitauboiq

(Is nI .amsta' M5IH lb at3e1ls 'tivit3ubo1q tnsaflinia woda t eldsT 'to atluaei edT

ot "sviiavonni bns evrtsleqoo3 tase!" molt amet2a M5IH iuo1 edt 2noitsai1i3eqa JO tdie

nI .at3eTte tivii3ubo1q 'to 'd31s1eid iseb £ tuo qsm oals "evitsvonni bats evitsieqoo3 'tev"

eiom sItns3i1in1a 31E aenil meta M5IFI tsrlt Issvei etaet-I anoitE3i'1i3eqa tdgie (Is

E met2' M5IH nsdt evit3ubolq eiom aenil meta M5IH ;aenil 4 meia nsdt evii3ubolq

edT .aenil metav rmdt svii3ubolq eiom aenil I msta MSIH evitsvonni viev bris ;aenil

rIaa nIicfW .nojiE1no3 1th bio-iifl io1 fl0ii331103 rhiw biBmui1 o2IB iw I 3ldaT ni bbom onin hA 131B1 hir1.i1 '1no i1 noitnoo idi ihiiw 1bom iii eion bibni fhi ,noxisI5noQ 18i132 lo 3nbiv3 work I3bom

1!rnjiiiv 31B einioiTI3oo uhi lo buiinm {T noxi3rxo3 r1i iuorfiiw 1bom 1dsT 3di iii 1B 'uhi n&h

in innoihrti ninm1 Jdniisv M5IH r1i no in9ioi113oo ndt bnn noiinIno3 Inii iol n01133r103 3di 'd b313&IIsnu .IvI-IO. rh svodn hIw

1niinnnm bnn idiow noii3ubolq 'lo iimnm doug ,,!dnimv indlo 10 e133113 di b3nimsx o1n nW

iiInup 13)hoW .A xibnqqA iii !dnT odi ni nworh in nsdi nTIn nruj3 nimn1 bisoi!qmo3 iom bnn 'ii1nup .iflB3Iu!flifIX nw1a oiw ,38 B13VB ihow noibuboiq 10 inBrIBm 2noiiBl3qo 3f11 'lb 3Iunni n d3u iunm

-in1 i3f1n1 ion ob wnnrn nor1i oa ,q1Jo1 uo5nnomo1f '1daAiamni nm inAiOW noii3ubolq bnn innnnM nimo,J ns r1au ,i3n'l'ln nvw nimn1 bninoilqrnon niomlo nnbivn on brwol o!n nW .ii1aup iodn! ni nonninTIib

.noiiwmnqo SfIiI II! 35nBd3 inrlio InImB 10 13)11OW noit3xJbolq 10 Wnn 'lb fIi1if{ ndi infis i3&I13 nVlU3

Page 32: joLpu bL - nber.org · M0LJC 2UG }JiLq MG OPWIU jouiufqnJJ qw 0U GCjJ bLoqnctou flUG 4o GiurnG xGq Gc bLcpcGa uq O}JGL iIJG-2bCcqjc qGGLuJIua1u2 o bLoqnc4uA jrn MG C0flGCiG Low cp

evitsvonni tom erli ot geniI 4 met' M5IH l&ioitibsit erit moiI nio emitqu ru e3neleThb

bbE fI3iflW 2lebOffl 8- nmulo3 edt ot nib1o33a 2tnioq egtne31eq V tuods 2k 2enil I met2s2

.2noitsaiIi3eq2 edt or 21o-Itno3 ienirbEm beliBteb

MSIH evi22e1o1q siom riiiqobs (Q nmulo3) 2tIu2si 2taeTte bexI edt ot nkb1o33A

nmulo3 edt iii 2thJ2e1 1o menBq sib eiomierItiuI .tivtt3uboiq 2evoiqmi 'ltn3iIir1gi2 2met22

.V- enrrlulo3 rn 2tlu2el JO ni msflnq edt ot ialimie 'ldBA1sme1 21 Isbom 2t3&fle bexil

nidtiw emit ievo bsnBrl3 tBfb 21ot1 ninim1eteb-tivit3ubo1q iedto ith gnilloltno3 iefts neva

'd srnitqu enil 2saBei3ni io 2mst22 MSIH ot I ffl8t2' M5IH moi1 enBd3 B 2enil

evitEvonni rluons beinemelqmi enki on tsrli etoVl .stsvit3eqeei 2tntoq eBtne31eq E bnB

on ei eisrlt 2urlt quoi I met2 M$IH stivit3LJbo1q nail edt otni evom ot 2e31t3E1q M5IH

.I met2' iol inei3meo3 2t3&fls bexil

JO edt bniB aiLU2eI 2t3elle bsxil Q nmlJIo3 edt neswted 2tlueei b Xiis1kmk2 dT

I nmulo3 edT .niiiqm ton 2qBdieq 2! aloitrIo3 lBtiqs3 belisteb dtiw 8- 2nmulo3 nil 2tlu2ei

lb level 2eiuiBel tnernqiupe io1 eeldsnBv nnmub lb te2 ealBi £ 2ebul3n! Isbom

eflil-22013 ns iol Loltno3 m tlt 2eiutael beliBteb ienlfo briE enil edt lb noitsiietuqmoa

srlt istls benislqxe ed ot ftel 'tivitauboiq ni noiisiisv edT .tivit3ubo1q ni 2e3neieThb

ievo noitBimv edt Iiismiiq ed bluonl2 2lebom 8- nrnulo3 silt ni 2loltno3 e2edt lb noi2ulani

.2eniI nidtiw emit

ba3qx 3rD Iii nnai1inke '1I8in ia bboin i3&fl3 b3xiI 3rD ni 1dthiav Iolino3 3± no n313ffl3o3 th0k1q 3io1q boiq qu1Bi erD o e83I3eb o bnet t&(1 n!3b b feve1 dirI evEn thorieq quu18i noxi331ib

ernii ievo iuqni 1eei1o 'ii1sup enli anise13nI .a's!ebbo IeveI ien1ir( '(11naoflinai eyEd be3ubolini i 1aiqE nedw .2weivleini bleil ujo rnoiI e3nebjve nijiw tneinoa niBB 31B inexeiTIeo3 eedT .2'BIeb e3ubei enil nirhiw

IB3iielo3di (QQI) 'thedo5l briE moi1iM iui3iinoo v-iev i I mei olni evom o enuI b tiIidsni exiT inernelqmi oi evcd bhxow enul o ,I rnet M5ll-I olni evom oT aeithninemelqmoa 3i1oq M5IH tuods inemu8is

larD eiia not3ubo1q wen em ioeia I met M1H edt iii geniI edT 2eiaitoq MIH weak iedmun emI -iev a .quimi lo emit emit Ia eioiloq M5IH wen een1i betnemelqmi bna bonieb \IIu'1e1a3

Page 33: joLpu bL - nber.org · M0LJC 2UG }JiLq MG OPWIU jouiufqnJJ qw 0U GCjJ bLoqnctou flUG 4o GiurnG xGq Gc bLcpcGa uq O}JGL iIJG-2bCcqjc qGGLuJIua1u2 o bLoqnc4uA jrn MG C0flGCiG Low cp

eait3aiq M$IH Isubivibnl bns 2metay M5IH 10 t3efla yIivrauboiq edT

tfts3flini evsd aeait3slq M$EH b mot' tsr(t slszibni l ekisT ci tIusi silT

noms 'mstneme1qfno3 etsitanomeb ion ob enols atliraei sasdt 1eV .at3&fle 'ikviruboiq

ebivoiq £ bns aelcisT ci ae3itaslq MSIH 'to noitudmaib lsut3s edt no sIsCE .ae3it3slq M5IH

taixe enoitsIeTIo3 evitiaoq t1s3i1irIi .(Iatr13m3Iqmo3 sis aeait3slq Ivl5IH tacit e3nebive emoa

ascii ni bnuo't ed '1no flB3 ae3it3slq MSIH evitsvonni taom bns aeii3s1q M5IH nsm norna

a ci ae3itaslq M5IH tnsmsiqmi ob acniiI .2e3ita1q MM! evitavonni iedto nsm evad tacit

.noidas't '(iatrlemsiqrno3

'riam tnemelqmi amii't tacit worfe aeait3slq M5IH 'to noitudiilaib Iaut3B edt elirIW

ebutrngm edt tacit asiiupsi oa!a 283i1351q MIH noms stnatnem3iqcno3 21et2IJb ni as3it3slq

ianiisrn edt 'to mua edt nadi ietsei ed taum aei3iloq 'to metaa a 'to ta&ule yiivit3ubolq edt 'to

idT .metaa silt sanqmo tacit 25311351q M5IH isubivibni 'to noitqobs edt 01 sub 2t3&fls

315 ae3it3alq MJIIFI ierltsdw 'to euaai silt no 21231 Isnoitibba owl alneaelq noil3ea

.noft3nu't noitauboiq 'rnii't a ci atuqni (Istnem3Iqrno3

rltiw isdteot ee3it3slq M51}I isubivibni io't eeimrnub di ebui3ni ew t2st taifl edt ci!

atluasi atrteaeiq eldsT 'to IA lenaq .noiaaeiei ecciuiqu edt cii e1dsiiv ametas2 MSIH silt

M5IH Iaubivibni trieisThb £ aebuI3ni leborn dase sisuiw aisbom JO stalaqea neeffil molt

Ioitno 'to tea belisteb silT .aeldsiisv inmub meta'2 MSIH edt ot noitibba ci 331t3s1q

.a1ebom easdt 'to class ci bsbijbni 21 sidaiisv

silt ,anoiaaeiei smiiqu edt ot bebba sia asaitaslq M5IH Iaubivibni silt nedW

iebio Jeril iol noii3eno3 riliw b3i8mii31 iew ekfnT ai !ebom i33Tb bexit bne JO II eIdBT ni A bmbnaia .floii38TIo3 idi '(d bei3eIlsnu (Ithui1zv em th1313111503 ha lo ebuiknaarn erhi niaA .noiiaIeno3 Iaiiee

em ineiaflheo M$1H ha 'lo heve1 enaiuini edT .IicfiIe Ino rud eeioni 1neiaiTIeo3 emo iol ione . eldaT ni nwort ladi oi his iii mIirni

Page 34: joLpu bL - nber.org · M0LJC 2UG }JiLq MG OPWIU jouiufqnJJ qw 0U GCjJ bLoqnctou flUG 4o GiurnG xGq Gc bLcpcGa uq O}JGL iIJG-2bCcqjc qGGLuJIua1u2 o bLoqnc4uA jrn MG C0flGCiG Low cp

JflAT 3ibc1q Igubivibn1 bn amv IVI5IH lo &I13 viuboi

[OQI=14 ;3miiqU :IdinV rnbnqQ]

d3J8ALAV M3TY IV'L5TH HTIW JO :[A

Oè0. •soo0 M5H .d (010.) (110.) (800.) (Q00.) (.10.) (cOO.) (cOO.) I

***C0 'EO. M2H .d

(0O.) (800.) (à00.) (0O.) (W0.) (OO.) (W0.)

***M() ***jQ 'QIO. S**() ***() s*sc.jQ M..H .3 (OO.) (COO.) (00.) (OO.) (COO.) (COO.) (COO.) C m,i' s1uaa MA3TM MA3TR MA3TIH TD3 TI43DV1 TIRO$N i1oq M5IH

bbuI3nl

110. 800. N)0. 100.- 0O.- ôOO. ini1oD. (OO.) (O0.) (€00.) (OO.) (100.) (00.) (COO.) .1o9 IAJIH no

23JHAI5IAV M3T2Y M5IH HTIW T33FI3 U3XI :18 bnI MJiH .d

I rn)2'<

***CO S**gQ M51H .d

(€10.) (010.) (QOO.)

***(J ***() ---- ?151H .3

(800.) (öOO.) (óOO.) rn3'

51UD3 MABTM 14A3fl MA3TIH T$03$1 T1JMI TRO5S Di1oS M2H b-bu13nI

100. Tto ---- coo. ---- )fli3fl1OD. (ô0O.) (ô0O.) (.0O.) .loq M$IH no

d 23J8A151AV M3TY M5IH TUOHTIW JO :A Ins1

2UJ3Z MATM MATR MA3TIH TBD3$i, T'13D14I TF1O9 .30q MJH bbubnI

W0. vo0. ni3i11oD.1 (COO.) (tOO.) (€00.) (€00.) (-OO.) (.O0.) (0O.) .1o9 M5IH gic

3J8ALiAV MT2Y2 MIH TUOHTIW 2TD3FI3 U3XI' :8 jq 2UD3 MATM MA3TR MAT1H TSID3JI T1.13JI.1 T19O51 iloq M$iH

bbubnI

*010. *1*110 *800 ***J ---- rnbifloJ.1 (ô0O.) (OO.) (WO.) (OO.) .1o9 M5H no

Page 35: joLpu bL - nber.org · M0LJC 2UG }JiLq MG OPWIU jouiufqnJJ qw 0U GCjJ bLoqnctou flUG 4o GiurnG xGq Gc bLcpcGa uq O}JGL iIJG-2bCcqjc qGGLuJIua1u2 o bLoqnc4uA jrn MG C0flGCiG Low cp

(buniino) 3J8AT j1q IiijbivibnI bnc '/1MH 10 i&fl3 iiv1iDJJbo1q

[OQ!M ;mi3qU :IdiiiiV nbnqaj dJ8A15IAv 1TY M5IH HTJW JO :!A 1a9

*$*ooO. *s*Cv() *$*Q *$(J)() "Boo (800.) (800.) (010.) (800.) (110.) (Q00.) (800.) (p00.)

''1C0. "*EO ***[Q "'8() *s*g[rj ***f() (00.) (000.) (000.) R00.) (VOO.) (yOU.) (000.) (OO.)

'''1-10. **J '''1-10 ***c} '''yb. '''[10 "1-10. "'810 (1-00.) (1-00.) (1-00.) (1-00.) (1-00.) (COO.) (COO.) (1-00.)

VOOJ 1OR1U 1JT33W1 V/T33M 091-11 1-15TOJ 1'1TIH TAT0

(000. 10. £0000. c00. 1-00.- "(10. (00.- "i.co.- ([00.) (800.) (1-00.) (1-00.) ((00.) (000.) (000.) (000.)

3J8ALIAV M3T2Y M5IH HTIW TD3I UXFi :18 jq

(JO. ---- "1(0. ***gj ---- "8O ((JO.) (QOO.) (010.) (010.) (O0.)

800. ---- s,s ***gj (010.) (000.) (000.) (000.) (000.)

V5100J b4O!1.IU UT33M WT33M 091-1! M2TOJ II2TIH TATO5L

1-10. VO0. ---- 800. 000.- (010.) (1-10.) (000.) (000.) (F00.)

23J8A12AV MTY2 M.51H TUOHTIW 2JO :A briI

VDOJ 1-1011-lU UT33M WT33M 09b11 142T0J 14lT!H TATO

**I(J "yb. " I0. "(10. *s*OC) 010. "010. ((00.) (VO0.) ((00.) ((00.) (OO.) (1-00.) (1-C)0.) (O0.)

3J8AI5IAV M3TY2 M$IH TUOHTIW 2TD33 03XF1 :H

VDOJ 1OW1lJ UT33M WT33M 09M1 HSITOJ 142T1H TATO5I

"1-0. 's':io '010. "b0. 100.

(000.) (1O.) (1-00.) (000.) (00.) (V00.)

Page 36: joLpu bL - nber.org · M0LJC 2UG }JiLq MG OPWIU jouiufqnJJ qw 0U GCjJ bLoqnctou flUG 4o GiurnG xGq Gc bLcpcGa uq O}JGL iIJG-2bCcqjc qGGLuJIua1u2 o bLoqnc4uA jrn MG C0flGCiG Low cp

: IcbT o o4

1vI-IO. s iii i1irii -- 1v&-O. s E3iIini -- ** Iv1-OI. h3 r1E3fliflgi2 -- *

2rLnloq ni ioi bibnsi -- £ thbom JO rLt ni bbuLoni 1dsimv Iolino3 ithO -- d

.I 1dT o d on ni bii1 od m 1bom JO ni bbuL3ni 1dsii, tolffio3 ic1iO -- . IdET o zion ni biI OfIt

Page 37: joLpu bL - nber.org · M0LJC 2UG }JiLq MG OPWIU jouiufqnJJ qw 0U GCjJ bLoqnctou flUG 4o GiurnG xGq Gc bLcpcGa uq O}JGL iIJG-2bCcqjc qGGLuJIua1u2 o bLoqnc4uA jrn MG C0flGCiG Low cp

emsa edt Iea13e1q dtiw tns3iIingia niamei aeldsiisv meta' M5IIH edt no atnei3meo3

d35e ioI 2eIdsilav Isubivibni edt no atnei3ffleo3 edT .t eldsl iii bevieado nlettsq Is3rrI3lsle!d

TPIO5N) owt tqexe alebom [Is Lii tnsfliniani eis IA i3116q 1o enil ni $3ttasiq M5IH

.taebom 1ev eis at3&fle dt oierlw (MIA5IT WOJ bris OT4I5IAH

bns eldsT o La i3q ni betneaeiq eis alebom 2t3&fle bexfl edt moIt atluaei edT

M5IH ritod ebubni tsrlt abbom nI . IA IerisI ni t1uei JO edt as rriettsq emsa edt worla

edt no atnek3ifleo3 edt ae3it3s1q M5IH Isubivibni eiuasem tsdt aeldsiisv bns aeldsnsv meta'

.(Ia Iensq enil) oe 1Isuiiiv us eis ae3itsiq M5IH Isubivibni

Isubivibni Lii aenarb 1aniism tsrlt work eldsT o ia bns IA Iesq Lii alebom edT

M5IH 10 ameta'a iii 2ensd3 e[idw tivit3ubo1q no t3sqrni on io eltiil evsrf ae3it3siq M$IH

bns eeaitaslq elqitlum bbs eenil neriW .tivit3ubo1q no at3sqrni iegml rf3um evsrl ae3it3slq

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seth tsrli eveited ew 2enhL gnickinil saerb 1o 2noitagit2svni sf12-no iuo no beesH

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bits eiesnsm ioinee ritiw enoitaitaevni eti-no nhub bei'titnebi 'l1Iñs1a3 eiew 2enBd3

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