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Author Question: An increase in consumption and a decrease in labor supply would result from (Read 68 times)

AEWBW

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Question 1

A decrease in transfer payments will result in


◦ a decrease in both consumption and labor supply.
◦ a decrease in consumption and an increase in labor supply.
◦ an increase in consumption and a decrease in labor supply.
◦ an increase in both consumption and labor supply.

Question 2

An increase in consumption and a decrease in labor supply would result from


◦ an increase in tax rates.
◦ a decrease in transfer payments.
◦ an increase in transfer payments.
◦ a decrease in government spending.


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Marked as best answer by AEWBW on Apr 19, 2019

at

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AEWBW

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Reply 2 on: Apr 19, 2019
YES! Correct, THANKS for helping me on my review


ktidd

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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