Question
When the wage rate of one spouse rises, market labor supply of the other spouse will fall because: Select all that apply (may be more
When the wage rate of one spouse rises, market labor supply of the other spouse will fall because: Select all that apply (may be more than one answer)
o the slope of the other spouse's budget constraint changes
o leisure is an inferior good
o the production substitution effect decreases market work
o the other spouse experiences a pure income effect
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Economics Today The Macro View
Authors: Roger LeRoy Miller
19th Edition
0134478762, 978-0134478760
