12. The table above shows the hours of free time and consumption per day across five different countries in 2013. The diagram below it shows this data, along with hypothetical indifference curves. Based on this information, which of the following statements is correct?

A. The indifference curves can be estimated from the data in the table.

B. The evidence from the Netherlands shows that tripling the wage rate in Turkey would cause daily consumption to more than double.

C. The data suggests that the positive income effect of a rise in the wage rate on the hours of free time always dominates its negative substitution effect.

D. There is evidence that the US workers value free time more relative to consumption compared to South Korean workers.

200 180 160 140 120 US Netherlands Goods per day ($) 100 South Q Korea 80 60 Turkey 40 Mexico 20 0+ 14 16 18 20 22 24 Free time per day