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    Exam 17: The Markets for Labor and Other Factors of Production
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    The Income Effect of a Wage Increase Will Cause a Worker
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The Income Effect of a Wage Increase Will Cause a Worker

Question 31

Question 31

Multiple Choice

The income effect of a wage increase will cause a worker to devote


A) more time to labor and more time to leisure.
B) more time to labor and less time to leisure.
C) less time to labor and more time to leisure.
D) less time to labor and less time to leisure.

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