This topic contains a solution. Click here to go to the answer

Author Question: By itself, the substitution effect of an increase in the wage rate will a. always lead to an ... (Read 77 times)

waynest

  • Hero Member
  • *****
  • Posts: 553
By itself, the substitution effect of an increase in the wage rate will
 a. always lead to an increase in the quantity of labor supplied
  b. always lead to a decrease in the quantity of labor supplied
  c. lead to an increase in the quantity of labor supplied only if leisure is like a normal good
  d. lead to an increase in the quantity of labor supplied only if leisure is not a normal good
  e. lead to an increase in the quantity of labor supplied only if the income effect works in the same direction

Question 2

Which of the following is not means-tested?
 a. Temporary Assistance for Needy Families (TANF)
  b. welfare programs
  c. the Food Stamp program
  d. Social Security payments to a retiree
  e. free and reduced price school lunches for the poor



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

morrie123456

  • Sr. Member
  • ****
  • Posts: 314
Answer to Question 1

A

Answer to Question 2

D




waynest

  • Member
  • Posts: 553
Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it


diana chang

  • Member
  • Posts: 288
Reply 3 on: Yesterday
Great answer, keep it coming :)

 

Did you know?

Amphetamine poisoning can cause intravascular coagulation, circulatory collapse, rhabdomyolysis, ischemic colitis, acute psychosis, hyperthermia, respiratory distress syndrome, and pericarditis.

Did you know?

Immunoglobulin injections may give short-term protection against, or reduce severity of certain diseases. They help people who have an inherited problem making their own antibodies, or those who are having certain types of cancer treatments.

Did you know?

Oliver Wendell Holmes is credited with introducing the words "anesthesia" and "anesthetic" into the English language in 1846.

Did you know?

Hippocrates noted that blood separates into four differently colored liquids when removed from the body and examined: a pure red liquid mixed with white liquid material with a yellow-colored froth at the top and a black substance that settles underneath; he named these the four humors (for blood, phlegm, yellow bile, and black bile).

Did you know?

Adult head lice are gray, about ? inch long, and often have a tiny dot on their backs. A female can lay between 50 and 150 eggs within the several weeks that she is alive. They feed on human blood.

For a complete list of videos, visit our video library