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    Principles of Microeconomics
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    Exam 21: The Theory of Consumer Choice
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    In the Work-Leisure Model,the Income Effect of a Wage Increase
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In the Work-Leisure Model,the Income Effect of a Wage Increase

Question 43

Question 43

Multiple Choice

In the work-leisure model,the income effect of a wage increase is when the worker chooses which option


A) She wishes to work less.
B) She wishes to work more.
C) She is indifferent between working more or less.
D) She wishes to work more but be less productive.

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