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Author Question: If the substitution effect dominates the income effect, a decrease in transfer payments will have a ... (Read 55 times)

colton

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Question 1

The idea of the "Invisible Hand" is that people make lifetime consumption plans.


◦ true
◦ false

Question 2

If the substitution effect dominates the income effect, a decrease in transfer payments will have a negative effect on both consumption and labor supply.


◦ true
◦ false


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Marked as best answer by colton on Apr 19, 2019

joewallace

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Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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