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Author Question: Assume that the substitution effect dominates the income effect. When workers experience a positive ... (Read 81 times)

nevelica

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Assume that the substitution effect dominates the income effect. When workers experience a positive price surprise, they


◦ correctly perceive that their real wage rate has fallen, which leads them to work fewer hours.
◦ incorrectly perceive that their real wage rate has fallen, which leads them to work fewer hours.
◦ correctly perceive that their real wage rate has risen, which leads them to work more hours.
◦ incorrectly perceive that their real wage rate has risen, which leads them to work more hours.


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Marked as best answer by nevelica on Apr 19, 2019

jessicaduplan

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Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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