Question
The backwards bending labor supply curve rises like a regular supply curve and then at some point of higher income begins to bend backwards. Why
The backwards bending labor supply curve rises like a regular supply curve and then at some point of higher income begins to bend backwards. Why would a person start working fewer hours at a certain level of higher income?
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The Macro Economy Today
Authors: Bradley R. Schiller, Karen Gebhardt
14th edition
1259291820, 978-1259291821
