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In the Indifference Curve-Budget Line Model of Labor Supply

Question 68

Multiple Choice

In the indifference curve-budget line model of labor supply,


A) labor is measured along the horizontal axis and leisure is measured along the vertical axis.
B) labor is measured along the horizontal axis and consumption is measured along the vertical axis.
C) consumption is measured along the horizontal axis and labor is measured along the vertical axis.
D) consumption is measured along the horizontal axis and leisure is measured along the vertical axis.

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