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Author Question: The demand for labor curve bends backward whenever the income and substitution effects work in ... (Read 48 times)

Jipu 123

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on: Jun 30, 2018
The demand for labor curve bends backward whenever the income and substitution effects work in opposite directions.
 a. True
  b. False

Question 2

Income assistance programs
 a. require that the recipient work and contribute to the program
  b. are designed to replace lost income
  c. include unemployment compensation and Medicare
  d. are funded exclusively by the federal government
  e. include both cash and in-kind transfer programs


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lorealeza

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

B

Answer to Question 2

E


Jipu 123

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Reply #2 on: Jun 30, 2018
Thank you


lorealeza

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Reply #3 on: Jun 30, 2018
No problemo


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