This topic contains a solution. Click here to go to the answer

Author Question: By itself, the substitution effect of an increase in the wage rate will a. always lead to an ... (Read 75 times)

waynest

  • Hero Member
  • *****
  • Posts: 553
By itself, the substitution effect of an increase in the wage rate will
 a. always lead to an increase in the quantity of labor supplied
  b. always lead to a decrease in the quantity of labor supplied
  c. lead to an increase in the quantity of labor supplied only if leisure is like a normal good
  d. lead to an increase in the quantity of labor supplied only if leisure is not a normal good
  e. lead to an increase in the quantity of labor supplied only if the income effect works in the same direction

Question 2

Which of the following is not means-tested?
 a. Temporary Assistance for Needy Families (TANF)
  b. welfare programs
  c. the Food Stamp program
  d. Social Security payments to a retiree
  e. free and reduced price school lunches for the poor



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

morrie123456

  • Sr. Member
  • ****
  • Posts: 314
Answer to Question 1

A

Answer to Question 2

D




waynest

  • Member
  • Posts: 553
Reply 2 on: Jun 30, 2018
:D TYSM


triiciiaa

  • Member
  • Posts: 349
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

Did you know?

When intravenous medications are involved in adverse drug events, their harmful effects may occur more rapidly, and be more severe than errors with oral medications. This is due to the direct administration into the bloodstream.

Did you know?

Vampire bats have a natural anticoagulant in their saliva that permits continuous bleeding after they painlessly open a wound with their incisors. This capillary blood does not cause any significant blood loss to their victims.

Did you know?

The top five reasons that children stay home from school are as follows: colds, stomach flu (gastroenteritis), ear infection (otitis media), pink eye (conjunctivitis), and sore throat.

Did you know?

Sildenafil (Viagra®) has two actions that may be of consequence in patients with heart disease. It can lower the blood pressure, and it can interact with nitrates. It should never be used in patients who are taking nitrates.

Did you know?

Bacteria have been found alive in a lake buried one half mile under ice in Antarctica.

For a complete list of videos, visit our video library