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BrendanOO7 BrendanOO7
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6 years ago
Most people travel more and enjoy more leisure when they are elderly than when they are middle-aged. This can be explained by
A) income effects due to decreasing wages.
B) substitution effects due to increasing wages.
C) life-cycle considerations.
D) the fact that their time is relatively expensive.
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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