If a person's labor supply curve is positively sloped, the income ...

[penza]

If a person's labor supply curve is positively sloped, the income effect outweighs the substitution effect.
 a. True
  b. False

Question 2

In order for Mary to qualify for benefits under a means-tested transfer payment program,
 a. she must have worked and contributed to the program
  b. she must be able to repay the cash transfer at a later date
  c. the head of her household must be able to hold a job
  d. she must be totally disabled
  e. her household's income and/or assets must fall below a certain level

[mceravolo]

Answer to Question 1

B

Answer to Question 2

E

[penza]

TYSM

[pratush dev]

Excellent