The Representative Consumer's Current Labour Supply Curve Slopes Upward Under

Multiple Choice

The representative consumer's current labour supply curve slopes upward under the assumption that

A) the substitution effect of an increase in the real wage is less than the income effect.
B) the substitution effect of an increase in the current labour supply outweighs the income effect.
C) there is an indirect relationship between the current real wage and current labour supply.
D) the substitution effect of an increase in the real wage outweighs the income effect.
E) the substitution effect of an increase in the current labour supply is less than the income effect.