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The Survey on Labour Supply by Killinsworth Found That

Question 46

Multiple Choice

The survey on labour supply by Killinsworth found that


A) labour supply rises in response to a permanent increase in the real wage, but falls in response to a temporary increase in the real wage.
B) labour supply rises in response to a temporary increase in the real wage, but falls in response to a permanent increase in the real wage.
C) labour supply rises in response to both a temporary and a permanent increase in the real wage.
D) labour supply falls in response to both a temporary and a permanent increase in the real wage.

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