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Ao9 Ao9
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Posts: 1908
Rep: 1 0
8 years ago
When consumption and leisure are both normal goods, after an increase in real dividend income minus taxation, the rational consumer
A) increases consumption and reduces leisure.
B) reduces consumption and increases leisure.
C) reduces consumption and reduces leisure.
D) increases consumption and increases leisure.
Textbook 
Macroeconomics

Macroeconomics


Edition: 5th
Author:
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GordisGordis
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Top Poster
Posts: 1906
8 years ago
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8 years ago
Expert Upwards Arrow Smiling Face with Open Mouth
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