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Under the consumption-leisure franework, increases to the real wage will: (a) Shift the budget line in. (b) Shift the budget line out. (c) Pivot
Under the consumption-leisure franework, increases to the real wage will: (a) Shift the budget line in. (b) Shift the budget line out. (c) Pivot the budget line along the consumption axis. (d) Pivot the budget line along the leisure axis. (e) Rotate the budget line around the income points.
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