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Home Q & A Board Other Fields Homework Help Business Economics
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NYC NYC
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8 years ago
If the substitution effect dominates the income effect, a decrease in transfer payments will have a negative effect on both consumption and labor supply.
A) True
B) False
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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