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    Exam 8: Wealth and Substitution Effects in Labor and Capital Markets
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    In a Model of Consumption and Leisure, a Drop in the Wage
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In a Model of Consumption and Leisure, a Drop in the Wage

Question 16

Question 16

True/False

In a model of consumption and leisure, a drop in the wage will cause workers to work less if tastes are quasilinear in leisure.

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