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Other Fields Homework Help Economics Topic started by: Coltonht on Apr 29, 2019



Title: A decrease in corporate profits, resulting in a decline in dividend payments, will decrease ...
Post by: Coltonht on Apr 29, 2019

Question 1.

If the wage rate increases, the substitution effect is for a person to work less and the income effect is for a person to take less leisure.



▸ true

▸ false

Question 2.

A decrease in corporate profits, resulting in a decline in dividend payments, will decrease consumption and decrease labor supply.



▸ true

▸ false


Title: A decrease in corporate profits, resulting in a decline in dividend payments, will decrease ...
Post by: DryPhantom on Apr 29, 2019
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Title: A decrease in corporate profits, resulting in a decline in dividend payments, will decrease ...
Post by: Coltonht on Apr 29, 2019
Thanks for your help!