Multiple Choice
Which of the following is a result of increased real wages in the United States?
A) a decrease in the quantity of services demanded by households
B) an increase in the opportunity cost of remaining employed in the home
C) a decrease in the opportunity cost of working outside the home
D) a decline in the number of households providing labor outside the home
E) reduced use of labor-saving devices in households
Correct Answer:
Verified
Correct Answer:
Verified
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