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The representative consumer's current labour supply curve slopes upward under the assumption that

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The representative consumer's current labour supply curve slopes upward under the assumption that

The representative consumer's current labour supply curve slopes upward under the assumption that
A) there is an indirect relationship between the current real wage and current labour supply.
B) the substitution effect of an increase in the real wage outweighs the income effect.
C) the substitution effect of an increase in the real wage is less than the income effect.
D) the substitution effect of an increase in the current labour supply outweighs the income effect.
E) the substitution effect of an increase in the current labour supply is less than the income effect.

Textbook

Macroeconomics, Canadian Edition

Edition: 5^th

Author: Williamson

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ice5192 Author

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I like this thanks

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