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smitch6 smitch6
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6 years ago
When consumption and leisure are both normal goods, an increase in real dividend income minus taxation, the rational consumer
A) increases consumption and increases leisure.
B) increases consumption and reduces leisure.
C) reduces consumption and increases leisure.
D) reduces consumption and reduces leisure.
E) increases consumption and increases work.
Textbook 
Macroeconomics, Canadian Edition

Macroeconomics, Canadian Edition


Edition: 5th
Author:
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karmarkarmar
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6 years ago
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