If Leisure Is a Normal Good, Then an Increase in Income

question 145

Multiple Choice

If leisure is a normal good, then an increase in income will

• A)decrease the time allocated to work but increase the time allocated to leisure.
• B)increase the time allocated to work but decrease the time allocated to leisure.
• C)not change the time allocated to work or leisure.
• D)increase the time allocated to both work and leisure.
• E)decrease the time allocated to both work and leisure.

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Definitions:

Hematocrit

The ratio of the volume of red blood cells to the total volume of blood, expressed as a percentage.

Abbreviation

A shortened form of a word or phrase, used to represent the full term.

Blood Groups

Classification of human blood based on the presence or absence of inherited antigenic substances on the surface of red blood cells.

Complete Blood Count

A blood test that assesses red cells, white cells, platelets, hemoglobin, hematocrit, and other blood components.