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Author Question: The income and substitution effects of a change in the wage rate a. always work in the same ... (Read 119 times)

TVarnum

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on: Jun 30, 2018
The income and substitution effects of a change in the wage rate
 a. always work in the same direction
  b. always work in opposite directions
  c. work in opposite directions only if the change is a decrease
  d. work in the same direction only if the change is an increase
  e. work in the same direction only if the change is a decrease

Question 2

Which of the following accounts for approximately three-fourths of all welfare spending?
 a. the school lunch program
  b. the earned income tax credit
  c. unemployment compensation and workers' compensation combined
  d. in-kind transfers
  e. cash transfers


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CharlieArnold

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Reply #1 on: Jun 30, 2018
Answer to Question 1

B

Answer to Question 2

D


TVarnum

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Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

kswal303

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Reply 3 on: Yesterday
Wow, this really help

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