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NYC NYC
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8 years ago
An increase in transfer payments will result in:
A) a decrease in consumption and an increase in labor supply.
B) an increase in consumption and a decrease in labor supply.
C) an increase in both consumption and labor supply.
D) a decrease in both consumption and labor supply.
Textbook 
Principles of Macroeconomics

Principles of Macroeconomics


Edition: 11th
Authors:
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JesslynJesslyn
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NYC Author
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#2
8 years ago
Good answer, thanks.
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