This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: An increase in the wage rate will lead to a reduction in the quantity of labor supplied if a. the ... (Read 53 times)

PhilipSeeMore

  • Hero Member
  • *****
  • Posts: 561
on: Jun 30, 2018
An increase in the wage rate will lead to a reduction in the quantity of labor supplied if
 a. the substitution effect outweighs the income effect
  b. the income effect outweighs the substitution effect
  c. the opportunity costs of leisure do not increase
  d. the opportunity costs of working always increase
  e. workers are irrational because otherwise they would be violating the law of supply

Question 2

Transfer payments have reduced poverty among the elderly, but poverty among females has not fallen.
 a. True
  b. False


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Amiracle

  • Sr. Member
  • ****
  • Posts: 334
Reply #1 on: Jun 30, 2018
Answer to Question 1

B

Answer to Question 2

A


PhilipSeeMore

  • Member
  • Posts: 561
Reply 2 on: Jun 30, 2018
Wow, this really help

atrochim

  • Member
  • Posts: 331
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

Adolescents often feel clumsy during puberty because during this time of development, their hands and feet grow faster than their arms and legs do. The body is therefore out of proportion. One out of five adolescents actually experiences growing pains during this period.

Did you know?

A cataract is a clouding of the eyes' natural lens. As we age, some clouding of the lens may occur. The first sign of a cataract is usually blurry vision. Although glasses and other visual aids may at first help a person with cataracts, surgery may become inevitable. Cataract surgery is very successful in restoring vision, and it is the most frequently performed surgery in the United States.

Did you know?

The Babylonians wrote numbers in a system that used 60 as the base value rather than the number 10. They did not have a symbol for "zero."

Did you know?

Coca-Cola originally used coca leaves and caffeine from the African kola nut. It was advertised as a therapeutic agent and "pickerupper." Eventually, its formulation was changed, and the coca leaves were removed because of the effects of regulation on cocaine-related products.

Did you know?

Cutaneous mucormycosis is a rare fungal infection that has been fatal in at least 29% of cases, and in as many as 83% of cases, depending on the patient's health prior to infection. It has occurred often after natural disasters such as tornados, and early treatment is essential.

Acceptable ranges of heart rate Acceptable ranges of heart rate
Sample Workout in the Target Heart Rate Range Sample Workout in the Target Heart Rate Range
A meter lead connected to a T-pin that was gently pushed along the signal wire of the TP sensor ... A meter lead connected to a T-pin that was gently pushed along the signal wire of the TP sensor ...
Nonlinear increase in saturation vapor pressure with increase in temperature. Nonlinear increase in saturation vapor pressure with increase in temperature.
A Hypothesis Can Lead to a Scientific Consensus A Hypothesis Can Lead to a Scientific Consensus
Increase in Obesity among U.S. Children and Adolescents Increase in Obesity among U.S. Children and Adolescents
Video: Introduction to Macular Degeneration

For a complete list of videos, visit our video library