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A Higher Wage _______ the Price of _______ and _______

Question 47

Multiple Choice

A higher wage _______ the price of _______ and _______ workers incomes.The result of these two changes pulls the quantity of labor supplied in _______ direction(s) .


A) increases; leisure; increases; opposite
B) increases; leisure; increases; the same
C) reduces; work effort; reduces; opposite
D) reduces; labor; increases; the same

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