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Author Question: At a low wage rate, a. there is no substitution effect b. there is no income effect c. the ... (Read 91 times)

leo leo

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on: Jun 30, 2018
At a low wage rate,
 a. there is no substitution effect
  b. there is no income effect
  c. the substitution effect usually outweighs the income effect
  d. the income effect usually outweighs the substitution effect
  e. the disutility of market work is usually high

Question 2

In the U.S., the poverty rate is lowest among young families with a head of household under 25.
 a. True
  b. False


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pocatato

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

C

Answer to Question 2

B


leo leo

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

okolip

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Reply 3 on: Yesterday
Wow, this really help

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