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Author Question: If a person's labor supply curve is positively sloped, the income effect outweighs the substitution ... (Read 109 times)

penza

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If a person's labor supply curve is positively sloped, the income effect outweighs the substitution effect.
 a. True
  b. False

Question 2

In order for Mary to qualify for benefits under a means-tested transfer payment program,
 a. she must have worked and contributed to the program
  b. she must be able to repay the cash transfer at a later date
  c. the head of her household must be able to hold a job
  d. she must be totally disabled
  e. her household's income and/or assets must fall below a certain level



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mceravolo

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Answer to Question 1

B

Answer to Question 2

E




penza

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Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)


mohan

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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