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NYC NYC
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8 years ago
If the income effect is less than the substitution effect and the wage rate decreases, individuals:
A) will supply less work.
B) will consume less leisure.
C) will supply more work.
D) cannot be determined from the given information
Textbook 
Principles of Macroeconomics

Principles of Macroeconomics


Edition: 11th
Authors:
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JesslynJesslyn
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8 years ago
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NYC Author
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#2
8 years ago
Thanks for answering Slight Smile
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