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    Principles of Macroeconomics Study Set 12
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    Exam 15: Household and Firm Behavior in the Macroeconomy: a Further Look
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    Any Increase in Nonlabor Income Unambiguously Leads to a Decrease
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Any Increase in Nonlabor Income Unambiguously Leads to a Decrease

Question 155

Question 155

True/False

Any increase in nonlabor income unambiguously leads to a decrease in consumption and a decrease in labor supply.

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