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    Macroeconomics Study Set 2
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    Exam 4: Consumer and Firm Behavior: The Work-Leisure Decision and Profit Maximization
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    Theoretically,an Increase in the Real Wage
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Theoretically,an Increase in the Real Wage

Question 8

Question 8

Multiple Choice

Theoretically,an increase in the real wage


A) increases leisure.
B) decreases leisure.
C) has an ambiguous effect on leisure.
D) has no effect on leisure.

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