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Title: In response to an increase in total factor productivity Post by: Ao9 on Oct 27, 2015 In response to an increase in total factor productivity
A) both the substitution effect and the income effect suggest that hours worked should increase. B) the substitution effect suggests that hours worked should increase, while the income effect suggests that hours worked should decrease. C) both the substitution effect and the income effect suggest that hours worked should decrease. D) the substitution effect suggests that hours worked should decrease, while the income effect suggests that hours worked should increase. Title: Re: In response to an increase in total factor productivity Post by: Gordis on Oct 30, 2015 Content hidden
Title: Re: In response to an increase in total factor productivity Post by: Ao9 on Nov 2, 2015 You're sharp, thanks!
Title: Re: In response to an increase in total factor productivity Post by: Gordis on Nov 2, 2015 You're welcome ;) Message me if you need any more assistance with your other questions.
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