Solved

Which of the Following Statements Concerning the Elasticity of Labour

Question 29

Multiple Choice

Which of the following statements concerning the elasticity of labour supply is false?


A) It is generally higher for women than for men.
B) The elasticity of labour supply with respect to income is negative.
C) The overall labour supply for both sexes is likely to be downward sloping.
D) The overall labour supply for both sexes is likely to be upward sloping
E) The compensated elasticity (reflecting the substitution effect) tends to be higher in magnitude than the uncompensated, gross elasticity.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions