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A)The Labor Supply Curve Is Downward Sloping

Question 34

Multiple Choice

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

Correct Answer:

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