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The income effect: describes the ability to purchase more leisure as income increases has a negative impact on the decision to work encourages the individual
The income effect: describes the ability to purchase more leisure as income increases has a negative impact on the decision to work encourages the individual to work fewer hours all of the above none of the above
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International Economics
Authors: Dominick Salvatore
11th edition
978-1118177938, 1118177932, 1119915732, 978-1118476017, 1118476018, 978-1119915737
