Multiple Choice
An downward shift in a worker's budget line is a result of
A) an increase in the wage rate.
B) a decrease in the wage rate
C) an increase in nonlabor income.
D) a decrease in nonlabor income.
Correct Answer:
Verified
Correct Answer:
Verified
Q47: An increase in nonlabor income leads to<br>A)
Q48: If there is discrimination,employers engage in it
Q49: When would a rise in labor's marginal
Q50: Leisure-Consumption indifference curves<br>A) slope upward and are
Q51: Consider a theory of discrimination based on
Q53: An increase in the marginal productivity of
Q54: When the wage rate rises,a worker chooses
Q55: Intertemporal substitution dictates that<br>A) people will work
Q56: Suppose a permanent technological improvement raises labor's
Q57: Consider the indifference curve-budget line model of