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    Exam 19: Factor Markets and the Distribution of Income
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    The _____ Effect of a _____ Wage Causes Individuals to Substitute
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The _____ Effect of a _____ Wage Causes Individuals to Substitute

Question 206

Question 206

Multiple Choice

The _____ effect of a _____ wage causes individuals to substitute _____.


A) substitution;higher;labour for leisure
B) income;higher;labour for leisure
C) substitution;lower;labour for leisure
D) complementary;constant;leisure for labour

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