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Ao9 Ao9
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8 years ago
The assumption that current-period labor supply is positively related to the current-period real wage is justified as long as the
A) income effect dominates the substitution effect in the long run.
B) income effect dominates the substitution effect in the short run.
C) substitution effect dominates the income effect in the long run.
D) substitution effect dominates the income effect in the short run.
Textbook 
Macroeconomics

Macroeconomics


Edition: 5th
Author:
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GordisGordis
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#1
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8 years ago
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Ao9 Author
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#2
8 years ago
Expert Upwards Arrow Smiling Face with Open Mouth
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#3
8 years ago
Please mark it solved once you get a chance.
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