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    Modern Principles of Economics Study Set 2
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    Exam 23: Stock Markets and Personal Finance
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    A) the Labor Supply Curve Is Downward Sloping
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A) the Labor Supply Curve Is Downward Sloping

Question 32

Question 32

Multiple Choice

  A)  The labor supply curve is downward sloping. B)  The labor supply curve is upward sloping. C)  The income effect denominates the substitution effect. D)  The worker earns $6.00 an hour.


A) The labor supply curve is downward sloping.
B) The labor supply curve is upward sloping.
C) The income effect denominates the substitution effect.
D) The worker earns $6.00 an hour.

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