Multiple Choice
An unexpected decrease in nonlabor income will have ________ effect on a household's consumption.
A) an uncertain
B) a negative
C) a positive
D) no
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q348: As the economy starts to contract, labor
Q349: The opportunity cost of leisure will rise
Q350: Mickey got a raise from $14 an
Q351: Empirical evidence with respect to the labor
Q352: Which of the following is not a
Q354: The collective decisions of firms determine output,
Q355: An unexpected decrease in inventories has a
Q356: The largest increase in the labor-force participation
Q357: The two channels through which _ policy
Q358: Refer to the information provided in Table