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Ao9 Ao9
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Posts: 1908
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8 years ago
In response to an increase in total factor productivity
A) both the substitution effect and the income effect suggest that hours worked should increase.
B) the substitution effect suggests that hours worked should increase, while the income effect suggests that hours worked should decrease.
C) both the substitution effect and the income effect suggest that hours worked should decrease.
D) the substitution effect suggests that hours worked should decrease, while the income effect suggests that hours worked should increase.
Textbook 
Macroeconomics

Macroeconomics


Edition: 5th
Author:
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GordisGordis
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Posts: 1906
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8 years ago
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Ao9 Author
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#2
8 years ago
You're sharp, thanks!
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#3
8 years ago
You're welcome Wink Face Message me if you need any more assistance with your other questions.
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