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NYC NYC
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8 years ago
If the wage rate decreases, the substitution effect is for a person to work more and the income effect is for a person to take more leisure.
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
Thanks for answering Slight Smile
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