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If Leisure Is a Normal Good, Then an Increase in Income

Question 145

Multiple Choice

If leisure is a normal good, then an increase in income will


A) decrease the time allocated to work but increase the time allocated to leisure.
B) increase the time allocated to work but decrease the time allocated to leisure.
C) not change the time allocated to work or leisure.
D) increase the time allocated to both work and leisure.
E) decrease the time allocated to both work and leisure.

Correct Answer:

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