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The Fact That More Women Have Chosen to Work as Real

Question 17

Multiple Choice

The fact that more women have chosen to work as real wages rise is evidence that,for them


A) leisure is an inferior good.
B) income and substitution effects of higher real wages work in the same direction.
C) income and substitution effects of higher real wages may work in opposite directions.
D) income and substitution effects may work in opposite directions but that the substitution effect is stronger.

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