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Ao9 Ao9
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8 years ago
We assume leisure is a normal good. This implies that
A) households maximize utility.
B) an increase in the wage increases demand for leisure.
C) preferences over consumption are well defined.
D) an increase in taxes decreases the demand for leisure.
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Macroeconomics

Macroeconomics


Edition: 5th
Author:
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GordisGordis
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8 years ago
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Ao9 Author
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#2
8 years ago
Solved!!
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#3
8 years ago
Glad to help...
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