The substitution effect measures
A) the responses of quantities to changes in the relative prices of goods.
B) the responses of relative prices to changes in the demand for goods.
C) how two goods can be used for the same purpose.
D) the responses of quantities to changes in the relative qualities of goods.
Question 2
The intertemporal substitution of leisure effect is used to justify the assumption that current labor supply increases when the
A) current real wage increases.
B) current real wage decreases.
C) real interest rate increases.
D) real interest rate decreases.
Effect of clinical decison support systems
Thorndike’s Puzzle Box and the Law of Effect (1 of 2)
Effect of stimulus type on graded potentials.
Relative Sizes of Dwarf Planets and Earth
Position effect, as illustrated in the eye phenotype in two female Drosophila
Responses to artificial and natural selection