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Author Question: The opportunity cost of leisure will rise if (Read 36 times)

DelorasTo

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Question 1

A change in tax rates is likely to affect individuals' behavior regarding consumption and saving if


◦ the change is for one year only.
◦ the change is not too big.
◦ the change will not increase the budget deficit.
◦ the change is permanent.

Question 2

The opportunity cost of leisure will rise if


◦ the wage rate increases.
◦ the wage rate decreases.
◦ nonlabor income increases.
◦ nonlabor income decreases.


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Marked as best answer by DelorasTo on Apr 19, 2019

braelync

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DelorasTo

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Reply 2 on: Apr 19, 2019
YES! Correct, THANKS for helping me on my review


bigcheese9

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Reply 3 on: Yesterday
Excellent

 

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