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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 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 129 times
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Answer verified by a subject expert
GordisGordis
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Top Poster
Posts: 1906
8 years ago
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Ao9 Author
wrote...
8 years ago
Wow!!
wrote...
8 years ago
I'm assuming I was right? Wink Face Don't forget to mark as solved.
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