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The income effect of a wage rate increase encourages an individual to work more hours because of the potential to earn even more money. True
The income effect of a wage rate increase encourages an individual to work more hours because of the potential to earn even more money.
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Contemporary Labor Economics
Authors: Campbell R. McConnell, Stanley L. Brue, David Macpherson
11th Edition
1259290602, 1259290603, 978-1259290602
