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Author Question: Intertemporal substitution of labour suggests that (Read 70 times)

Arii_bell

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on: Jan 2, 2020
Intertemporal substitution of labour suggests that
◦ in the short run, the substitution effect of an increase in the real wage does not outweigh the income effect.
◦ hours worked are not affected by changes in real wages.
◦ the substitution effect of a permanent increase in the real wages is equal to the substitution effect of a temporary change in the real wage.
◦ the substitution effect of a permanent increase in the real wages is smaller than the substitution effect of a temporary change in the real wage.
◦ the substitution effect of a permanent increase in the real wages is larger than the substitution effect of a temporary change in the real wage.
Macroeconomics, Canadian Edition ¦ Williamson ¦ 4th Edition
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Marked as best answer by Arii_bell on Jan 2, 2020

blazinlyss

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Reply #1 on: Jan 2, 2020
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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Arii_bell

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Reply 2 on: Jan 2, 2020
YES! Correct, THANKS for helping me on my review

nanny

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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