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smitch6 smitch6
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6 years ago
The intertemporal substitution of leisure effect is used to justify the assumption that current labour supply increases when the
A) current real wage increases.
B) current real wage decreases.
C) real interest rate increases.
D) real interest rate decreases.
E) current real wage and real investment rate decreases.
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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