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Money Income (dollars) Observed 224 Change 160 B U2 16 Hours of Leisure 16 11 0 Hours of Work When the individual in the above
Money Income (dollars) Observed 224 Change 160 B U2 16 Hours of Leisure 16 11 0 Hours of Work When the individual in the above diagram receives a raise from $10 per hour to $14 per hour, does she work more hours or fewer hours in the labor market? The change in labor market hours cannot be determined from this diagram. More O Fewer
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