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BrendanOO7 BrendanOO7
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6 years ago
Studies of the hours of work of older men have found that the substitution effect dominates the income effect. This suggests that, other things the same,
A) an increase in non-work expenses will cause older men to work shorter hours.
B) an increase in the tax rate on income will cause older men to work longer hours.
C) tax changes have no effect on their labor supply.
D) older men will retire earlier in those careers where wages fall more as they get older.
Textbook 
Modern Labor Economics: Theory and Public Policy

Modern Labor Economics: Theory and Public Policy


Edition: 12th
Authors:
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thanhtanrx789thanhtanrx789
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6 years ago
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BrendanOO7 Author
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6 years ago
Just got PERFECT on my quiz
Natalie Price
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You make an excellent tutor!
nadiia
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2 hours ago
Thank you, thank you, thank you!
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