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Which statement is generally true of American workers? Multiple Choice Given the choice of more leisure or more income, Americans choose added income. Income effects
Which statement is generally true of American workers?
Multiple Choice
Given the choice of more leisure or more income, Americans choose added income.
Income effects outweigh substitution effects in the American labor force.
American workers work relatively few hours despite their high incomes.
Most Americans earn no more than the federal minimum wage.
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