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    Principles of Economics Study Set 12
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    Exam 13: Labor Markets
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    Because of the Substitution Effect, Labor Supply
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Because of the Substitution Effect, Labor Supply

Question 87

Question 87

Multiple Choice

Because of the substitution effect, labor supply


A) tends to be upward-sloping.
B) tends to be downward-sloping.
C) tends to be vertical.
D) has no definable shape.
E) tends to be horizontal.

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