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Author Question: If the opportunity cost of working outside the home increases then it is likely that ________ ... (Read 158 times)

javeds

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on: Jun 30, 2018
If the opportunity cost of working outside the home increases then it is likely that ________ assuming all else equal.
 
  A) there will be a rightward shift in the labor supply curve.
  B) there will be a downward movement along the labor supply curve.
  C) there will be a leftward shift in the labor supply curve.
  D) there will be an upward movement along the labor supply curve.

Question 2

Over short time periods, deficits can help the economy cope with shocks.
 
  Indicate whether the statement is true or false
Macroeconomics: Principles, Applications and Tools ¦ O'Sullivan, Sheffrin, Perez ¦ 7th Edition
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Missbam101

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

C

Answer to Question 2

TRUE


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