Top Posters
Since Sunday
Home Q & A Board Other Fields Homework Help Business Economics
New Topic  
Ao9 Ao9
wrote...
Go to Answer
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 labor supply.
B) reduces consumption and reduces labor supply.
C) reduces consumption and increases labor supply.
D) increases consumption and increases labor supply.
Textbook 
Macroeconomics

Macroeconomics


Edition: 5th
Author:
Read 114 times
3 Replies
Replies
Answer verified by a subject expert
GordisGordis
wrote...
#1
Top Poster
Posts: 1906
Rep: 25 0
8 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

Ao9 Author
wrote...
#2
8 years ago
Wow!!
wrote...
#3
8 years ago
I'm assuming I was right? Wink Face Don't forget to mark as solved.
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1308 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Related Images
  
 259
  
 440
  
 262
Your Opinion
Which industry do you think artificial intelligence (AI) will impact the most?
Votes: 352
Previous poll results: What's your favorite math subject?