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ice5192 ice5192
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6 years ago
The representative consumer's current labour supply curve slopes upward under the assumption that
A) there is an indirect relationship between the current real wage and current labour supply.
B) the substitution effect of an increase in the real wage outweighs the income effect.
C) the substitution effect of an increase in the real wage is less than the income effect.
D) the substitution effect of an increase in the current labour supply outweighs the income effect.
E) the substitution effect of an increase in the current labour supply is less than the income effect.
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
I like this thanks
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