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ice5192 ice5192
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6 years ago
An increase in the real wage
A) unambiguously increases consumption and increases labour supply.
B) increases consumption and has an ambiguous effect on labour supply.
C) has an ambiguous effect on consumption and increases labour supply.
D) has an ambiguous effect on both consumption and labour supply.
E) increases consumption and decreases labour supply.
Textbook 
Macroeconomics, Canadian Edition

Macroeconomics, Canadian Edition


Edition: 5th
Author:
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Blade73Blade73
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6 years ago
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ice5192 Author
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6 years ago
Brilliant
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Thanks
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2 hours ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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