True, false, or it depends (40 points total).For each of the following, indicate whether the statements made
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True, false, or "it depends" (40 points total).For each of the following, indicate whether the statements made in each part are true or false, and briefly explain your answer.If your answer depends on any assumptions, how one defines the question, etc., then answer the question "it depends" and explain why a simple true or false isn't enough to answer the question.Use graphs or equations to illustrate your answer whenever it is helpful.
f. (5) If a husband's wage increases, and that leads him to increase his labor supply, his wife will regard the extra family income as unearned income and reduce her labor supply. is it true of false? why?
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