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(1 Point) An increase in the real wage Question 6 options: a) causes a parallel shift in the consumer's budget line. b) represents a combination
(1 Point) An increase in the real wage
Question 6 options:
a)
causes a parallel shift in the consumer's budget line.
b)
represents a combination of income and substitution effects.
c)
represents a pure substitution effect.
d)
represents a pure income effect.
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