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

Author Question: The individual supply curve of labor is backward bending because the substitution effect offsets the ... (Read 117 times)

faduma

  • Hero Member
  • *****
  • Posts: 528
The individual supply curve of labor is backward bending because the substitution effect offsets the income effect at higher wage rates.
 a. True
  b. False

Question 2

The qualifying income level for Medicaid
 a. is 10,000
  b. is 14,000
  c. is set separately by each state
  d. is set yearly by the Bureau of the Census
  e. varies inversely with the number of children in the family



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Chelseyj.hasty

  • Sr. Member
  • ****
  • Posts: 319
Answer to Question 1

B

Answer to Question 2

C




faduma

  • Member
  • Posts: 528
Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review


bigcheese9

  • Member
  • Posts: 333
Reply 3 on: Yesterday
Wow, this really help

 

Did you know?

For high blood pressure (hypertension), a new class of drug, called a vasopeptidase blocker (inhibitor), has been developed. It decreases blood pressure by simultaneously dilating the peripheral arteries and increasing the body's loss of salt.

Did you know?

Methicillin-resistant Staphylococcus aureus or MRSA was discovered in 1961 in the United Kingdom. It if often referred to as a superbug. MRSA infections cause more deaths in the United States every year than AIDS.

Methicilli ...
Did you know?

Autoimmune diseases occur when the immune system destroys its own healthy tissues. When this occurs, white blood cells cannot distinguish between pathogens and normal cells.

Did you know?

Chronic necrotizing aspergillosis has a slowly progressive process that, unlike invasive aspergillosis, does not spread to other organ systems or the blood vessels. It most often affects middle-aged and elderly individuals, spreading to surrounding tissue in the lungs. The disease often does not respond to conventionally successful treatments, and requires individualized therapies in order to keep it from becoming life-threatening.

Did you know?

Asthma is the most common chronic childhood disease in the world. Most children who develop asthma have symptoms before they are 5 years old.

For a complete list of videos, visit our video library